Apr 3, 2020 - Economy & Business

Ventilators: Not too little, but too late for many

On their first day, auto workers at GM learn how ventilators go together. Photo: GM

Sadly, it's clear the wartime mobilization effort to produce ventilators and medical supplies got started too late to help patients and medical personnel before the coronavirus peaks in some cities like New York. But those supplies will be available for the next wave of the pandemic.

Driving the news: American manufacturers are saying it will be months before they meet demand for high-quality masks, the Wall Street Journal reports.

Most of the 100,000 ventilators President Trump promised the U.S. would obtain won't be available until June, Federal Emergency Management Agency officials told the House Oversight Committee this week, Politico reports.

  • On Thursday, the president invoked the emergency Defense Production Act to push 3M and six major medical device companies to produce more protective masks and ventilators.
  • Earlier, he used the act to push General Motors and a ventilator partner, Ventec Life Systems, to produce the life-saving machines.
  • The new order is intended to help the companies overcome supply chain obstacles "that threaten the rapid supply of ventilators."

By the numbers: 3M and a half dozen smaller competitors are making about 50 million protective N95 masks per month, well below the 300 million per month the Department of Health and Human Services says are needed to fight a pandemic.

In an exclusive interview with Axios, Rear Adm. John Polowczyk, the senior Navy officer now in charge of fixing America's broken medical supply chain, acknowledged that lining up new manufacturers will take weeks or longer.

  • "You can't just make masks in volume in a matter of days," he said.
  • But, by the time we get to "the other side," he added, "we're going to end up with more capacity domestically."

The bottom line: American industries are scaling as fast as they can, but global demand far outweighs the supply of needed equipment.

Go deeper: Louisiana on track to exceed ventilator capacity this week

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Updated 6 hours ago - Health

U.S. coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios. This graphic includes "probable deaths" that New York City began reporting on April 14.

Florida reported on Wednesday its largest number of new novel coronavirus cases in a single day since April 17. 1,317 people tested positive to take the state total to 58,764, per the state's health department. Despite the rise, Florida Gov. Ron DeSantis said bars and clubs could reopen on Friday.

By the numbers: More than 107,000 Americans have died of the coronavirus and over 1.8 million people have tested positive, per data from Johns Hopkins. More than 479,000 Americans have recovered and over 18 million tests have been conducted.

Jun 3, 2020 - Health

Concerns about at-home coronavirus testing

Photo: Ben Hasty/MediaNews Group/Reading Eagle via Getty Images

The latest wave of coronavirus testing concerns has arrived, this time about new at-home tests that are hitting the market, the Wall Street Journal reports.

Between the lines: Experts are worried about the accuracy of the tests and about limitations on who can access them.

Jun 3, 2020 - Health

Private equity benefits from HHS loans meant to help health care providers during pandemic

Illustration: Lazaro Gamio/Axios

Private equity companies have borrowed at least $1.5 billion from the federal government through programs intended to provide emergency funding to struggling health care companies during the coronavirus pandemic, Bloomberg reports.

Between the lines: Some of the hospitals, clinics and treatment centers benefiting from the Medicare loans — which could plausibly end up being forgiven — are owned by the richest investment firms.