Part of it is an increase in "with covid" coincidental deaths due to the huge percentage of people who have had covid in the last 6 weeks.
See some discussion here
www.bbc.co.uk/news/health-60000391
The other is the deaths from covid now are also more heavily in the vulnerable groups who die when a winter respiratory virus comes along, these groups are mostly too sick to have value in ventilating, ventilation is pretty horrible, I'm sure it's also used less on more marginal cases too as people are talked through the consequences.
But basically, because the vaccines reduce the risk so much, only the very much sicker would tend to die in a way that ventilation was a possibility to help, but it is still covid killing them, even if there's a good chance they might've died in a normal year from the flu - equally their pre-immunity from the flu strains might've given them a few more years.
Another difference on he pattern that is relevant is that admissions peak the same as cases, this is also a good sign that more of the cases are coincidental, as otherwise there would be more of a lag as the people who tested positive X days before deteriorated such that they needed hospitalisation.