Today, I've heard some anecdotal evidence from a doctor in a hospital in my country that 90% of the COVID-19 patients in their ICU die, despite the ventilator. These patients are really really ill when they are admitted to the ICU. Only those in very good condition before falling ill stand a chance.
That was probably true in the beginning but I think the numbers look better now, at least from what I heard elsewhere and what we have in my hospital. Still worse than average for ARDS though which can be ~ 40%. Where the ICUs got hit hard the patients did even worse, for example NYC was close to 90% but others places did better, Seattle which had fewer numbers had some initial reports of 50%. The studies from China hover around the 70-80%.
The therapeutic approach changes also, trying to get away from earlier intubation if possible now that many places can contain well enough the aerosolization with high flow rate on HFNC (high flow nasal cannula) or BiPAP/CPAP. So some of this intubations were performed sooner than later to avoid infecting the others. There are also various vent strategies being attempted, the consensus remains to go for the standard care and adjust from there.
But from that to get to, as some press my suggest, that ventilators kill it's still a long road. It's like you say more people who go to the hospital die than those who stay at home, therefore the hospital will kill you.