Medical staff treat a Covid-19 patient in their isolation room in the ICU unit at Western Reserve Hospital in Cuyahoga Falls, Ohio, on January 4. Reuters
Medical staff treat a Covid-19 patient in their isolation room in the ICU unit at Western Reserve Hospital in Cuyahoga Falls, Ohio, on January 4. Reuters
Medical staff treat a Covid-19 patient in their isolation room in the ICU unit at Western Reserve Hospital in Cuyahoga Falls, Ohio, on January 4. Reuters
Medical staff treat a Covid-19 patient in their isolation room in the ICU unit at Western Reserve Hospital in Cuyahoga Falls, Ohio, on January 4. Reuters

US sets record in Covid hospital admissions amid Omicron surge


Patrick deHahn
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Live updates: follow the latest news on Omicron

The US has passed a record number of Covid-19 hospital admissions set in January 2021, amid an uncontrolled spread of the highly contagious Omicron coronavirus variant.

More than 145,000 patients are in US hospitals with Covid-19 as of Tuesday, the US Department of Health and Human Services reported, higher than the record level in January 2021 when more than 142,000 were admitted.

The federal data marks a devastating milestone as healthcare systems are under dangerous levels of stress, after two years of the pandemic.

Doctors and nurses are struggling to meet greater demand than ever, while some staff members are infected, leading to staff shortages in some healthcare centres.

The US Centres for Disease Control and Prevention and some states are asking healthcare workers to shorten their isolation periods after they test positive, to help meet patient needs.

The Omicron variant accounts for more than 98 per cent of Covid-19 cases spreading in the US, the CDC estimates, and the country is seeing an enormous rise in known cases with a seven-day average of daily infections at more than 680,000.

"We are at a very, very different point in the pandemic than we were two years ago," Dr Jacob Lemieux, an infectious disease specialist at Massachusetts General Hospital in Boston, said on Tuesday.

"There's a very high numbers of hospitalisations, but there is light at the end of the tunnel. We're still in the tunnel, but the vaccines work."

An overwhelming majority of the cases are among unvaccinated people. But as people return to work and school after the holidays, demand for at-home rapid tests and PCR testing have grown dramatically.

"We've also learnt public health measures that work, like masking and distancing," Dr Lemieux said. "And we are about to see the rollout of medicines that are currently have limited availability, but that availably will increase."

While Omicron is perceived to be a milder variant, experiences with infection are not uniformly "mild" for everyone.

It has been suggested that three vaccine doses provide the best protection against the variant and only 36 per cent of the US population has had a third dose.

Widespread infections continue to endanger immunocompromised and unvaccinated people at higher risk of severe illness and death from Covid-19.

The US leads the world in known coronavirus infections at more than 61 million cases as of Tuesday, according to Johns Hopkins University data.

Because hospitalisations and deaths lag behind infections, it is expected that admittances will only rise from the record seen this week.

The World Health Organisation on Tuesday warned against treating the pandemic as an endemic illness, akin to the seasonal flu.

"Endemic means that there isn't an epidemic and very clearly, there is an epidemic going on right now, cases are surging," Dr Lemieux said.

"Will it continue the trend of losing virulence over time? We hope so. But we don't know for certain."

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

The biog

Favourite book: Animal Farm by George Orwell

Favourite music: Classical

Hobbies: Reading and writing

 

Updated: June 20, 2023, 11:20 AM