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Doctors say COVID-19 has slashed patient volumes, made finances shaky Print E-mail
Written by Ron Shinkman | Healthcare Dive   
Wednesday, 15 April 2020 09:33

The focus on fighting the Novel Coronavirus has caused volumes of other types of patients to plummet, according to a new survey of physicians by Piper Sandler. Analysts spoke to 160 physicians across 16 specialties in four states - California, Massachusetts, Washington and New York. About half are in private practice. According to the survey, patient volumes are down 65% and will likely remain at that depressed level until the end of this month. They are expected rebound, but slowly, and will still be down as much as 12% during the same time next year. At the same time, more than half of patient encounters will be through telemedicine through the foreseeable future. And while that will help some practices in the short term, many doctors are considering furloughing or laying off employees.

 


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