Healthcare Dive writes of the findings of an article published recently in the Annals of Surgery that U.S. hospitals lost more than $20 billion from suspending elective surgeries over three months at the beginning of the COVID-19 pandemic’s onset in this country. The Annals of Surgery article found that the revenue loss from halted electives was consistent across all hospital types, but existing trends for urban non-teaching facilities and those in rural areas put them at increased financial risk.
- Healthcare Dive: Hospitals lost $20B by pausing electives last year
- The Cost of Quarantine: Projecting the Financial Impact of Canceled Elective Surgery on the Nation’s Hospitals. Annals of Surgery. January 22, 2020