$75B to fix “flawed” U.S. COVID-19 testing – report – Seeking Alpha

According to a report from a bipartisan committee of experts put together by the Rockefeller Foundation, the U.S. ought to invest a massive $75B to “fix” its “flawed” system of COVID-19 diagnostic testing.


Fast expansion of screening capability from todays 4.5 M tests each week to 30M tests weekly by October.

Huge scale-up of screening tests to identify asymptomatic providers.

Reduce test processing time from todays 5-14 days to 48 hours (seems a logistics issue).

The $25B the U.S. federal government committed for COVID-19 screening several months ago was not attended to. Those funds need to be more than appropriate for scale up.

U.S. COVID-19 testing capability still constrained – AACC

The Foundation says it will invest an additional $50M towards realizing the emergency situation requirements described in the report. It supplies no additional information to support the $75B figure.

Coronavirus testing offered in every state – CDC