2020 Hospitals And Health Systems Market Report
In 2020 hospitals became overwhelmed with COVID-19 patients and experienced extreme revenue losses as elective procedures halted. HIDA’s 2020 Hospitals and Health Systems Market Report analyzes the major market trends impacting the industry including impacts of COVID-19, the pandemic’s impact on staffing challenges, and reimbursement trends.
- Hospitals and health systems are expected to lose $323 billion in 2020
due to COVID-19
- Volumes decreased 35% in operating rooms and 42% in emergency departments during the first several months of the pandemic
- Shortage of physicians could reach 139,000 by 2033