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Otolaryngol Head Neck Surg ; 164(3): 542-544, 2021 03.
Article in English | MEDLINE | ID: covidwho-739174

ABSTRACT

The COVID-19 pandemic has placed unprecedented financial strain on otolaryngologists. Otolaryngologists employed by small practices may be particularly vulnerable to the effects of ongoing losses because these organizations often have limited financial reserves. We performed a retrospective cross-sectional analysis of federal direct aid provided to small practices (defined as ≤15 clinicians) employing otolaryngologists, using the Centers for Medicare and Medicaid Services Physician Compare National Downloadable File and the Department of Health and Human Services (HHS) Provider Relief Fund database. As of June 18, 2020, the HHS had allocated nearly $80 million to 966 (88.9%) of 1087 small practices employing 2455 otolaryngologists. The median amount of aid per clinician was $7909 (interquartile range, $4409-$12,710). These findings suggest that the majority of small practices have received direct aid through the HHS Provider Relief Fund, but aid amounts have thus far been modest relative to the fixed costs of practice.


Subject(s)
COVID-19 , Financial Management , Otolaryngology/economics , Cross-Sectional Studies , Financial Management/legislation & jurisprudence , Humans , Legislation as Topic , Retrospective Studies , United States
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