April 14, 2020 / Written by Alan Condon
The widespread suspension of elective surgeries due to the COVID-19 pandemic is causing significant economic difficulties for device companies and practices in the orthopedic industry.
In the past month, Becker’s Spine Review has reported on 10 practices and device companies in the industry that have furloughed or laid off employees due to the financial challenges caused by the pandemic:
1. Clearwater-based Florida Spine Institute and its surgery center is laying off 62 employees and suspending operations due to mounting economic difficulties caused by the COVID-19 pandemic.