MAY 13, 2020 — As US hospitals begin to reopen for elective procedures, a new report outlines the damage that the COVID-19 pandemic has done to the facilities’ patient volumes and revenues.
The study, by Strata Decision Technology, a Chicago-based financial analytics firm, suggests that across all service lines and in every region of the country, there was an average decrease of 54.5% in the number of unique patients who sought care in a hospital setting during a 2-week period in March and April.
The findings suggest how much pent-up demand will hit hospitals when they start to admit non–COVID-19 patients who need procedures that have been prohibited by temporary state bans on nonurgent hospital admissions.
Strata researchers mined the company’s database to compare patient encounters during those two weeks to the comparable period last year. The analysis of over 2 million patient visits and encounters from 228 hospitals in 40 states provides a detailed view of the level of reduction in patients accessing healthcare.
Picture Source: Stock Photo
