X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The average hospital would need to run at 110% of previous capacity for six months straight to recover lost patient volume.

Health systems across the U.S. are losing an average of $1.4 billion in daily revenue due to a decline in patient volume amid the COVID-19 pandemic, new data shows.

Crowe LLP, a Chicago-based public accounting, consulting and technology firm, reported May 1 that hospitals experienced a 56% reduction in traffic between March 1 and April 15, as both patients and doctors reprioritized or delayed normal services to prepare for an expected surge in COVID-19 cases.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO Broker Expo 2021Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.