As we pretty much all suspected.
Now the question is — can the ERs and ICUs handle the coming load of critical patients.
If they all arrive at once? No. Nowhere on earth.
If we wash our hands, minimize contact, and avoid spreading it as much as possible, we can slow the spread and smear out the peak over time. That lowers the instantaneous demand spike, while buying precious time to develop treatments that will save the later cases.