I have been saying this for 2 or 3 days now. The IHME model overestimated the number of US COVID-19 hospitalizations needed by a wide margin. The models have been much closer to accurate on number of cases. However, the number of cases depends heavily on the number of tests since so many are asymptomatic.
The Model used the Italy % hospitalization rate to set up the US Models. For whatever reasons, the US % of COVID-19 hospitalizations have been much lower.
The reason % hospitalizations is important is because the whole reason for the economic shutdown was to keep the hospitals from being overwhelmed and thus preventing deaths from a lack of ICU beds. Looks like we may have had enough ICU beds either way except for a few hot spots.
This topic will be debated for years to come. Did we really need to shut down the entire country? vs Did shutting down the entire country become the reason we did not overwhelm the hospitals? I think the answer is somewhere in the middle.