Omicron: ’There is some very, very good news,’ Northwell Health CEO says

The number of positive COVID cases in the U.S. has reached new heights thanks to the spread of the Omicron variant, which has caused a staggering increase in cases over the past two weeks.

And while the number of hospitalizations have also ticked up as a result, one hospital CEO explained how there is still some good news on the horizon.

"We’re staying very, very calm," Northwell Health CEO Michael Dowling said on Yahoo Finance Live (video above). "And there is some very, very good news that I think is worth noticing. One is that, while our numbers have increased - [on Jan. 5], I have 1,570 cases, a big increase over about two weeks ago - it seems to be flattening a little bit over the last couple of days. The good news is that people aren’t as sick as they were before."


According to the World Health Organization (WHO), the Omicron variant appears to cause milder symptoms than the Delta, but it’s significantly more transmissible. Because of that, the number of people infected with the virus has increased dramatically.

According to the latest data from the New York Times, the U.S. is averaging more than 300,000 new cases a day, and hospitalizations have increased by 58% over the past 14 days. Children saw a 64% increase in positive cases for the week ending Dec. 30, according to the American Academy of Pediatrics

But notably, overall hospitalizations are growing at a slower rate than cases.

Dowling, whose hospital system is the largest health care provider in New York, expressed that "the percentage of people in the ICU is basically staying very low and flat. And the numbers of people being intubated are very, very low. This is completely an improved circumstance from what it was a year and a half ago."



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