More updates on Healthcare during the Pandemic
Posted On: September 8, 2020 by Mike Mallaro in: Healthcare, VGM
The business of healthcare continues to face serious headwinds as a result of the pandemic. A few newsworthy developments:
A recent Kaufman Hall analysis found hospital and health system operating margins were down 96% in 2020 (through July) as compared to same period of 2019. A meaningful amount of that decline was offset by government intervention and financial support. But even after all stimulus and support aid from the government, hospitals and...
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Update on healthcare trends during pandemic
Posted On: August 25, 2020 by Mike Mallaro in: Healthcare, VGM
Healthcare activity continues to be muted due to impact of the pandemic.
Elective medical procedures are still tracking nearly 20% below “normal” levels. The pipeline for new candidates for procedures in not re-filling as fast as historically. Hip and knee replacement volume was actually slightly lower in recent weeks than in June, speaking to the pipeline issue. This same rationale will impact HME patient pipelines.
Prescription volumes were 8-10% below...
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