Tsunami of economic turmoil to hit the healthcare in 2021-2022: COVID-19 pandemic is just an earthquake.
Hosp Pract (1995)
; 49(4): 232-239, 2021 Oct.
Article
in English
| MEDLINE | ID: covidwho-1191854
ABSTRACT
The COVID-19 pandemic caused the United States to hit record numbers of COVID-19 cases peak unemployment of 14.7%, an increase in $4 trillion in national debt, and an estimated 3.4% GDP decline. The current socio-economic environment the pandemic created is just an earthquake that can create a tsunami that is bound to hit the healthcare system and can be felt around the globe. This tsunami is composed of a post-pandemic increase in healthcare facilities admission of indigent patients, decrease in medical reimbursement, and high operating costs to maintain healthcare workers, which can cause a synergistic effect that can lead to healthcare facilities experiencing significant negative total revenue. Time is of the essence, and it is imperative to make a collective effort from all healthcare professionals and legislatures to shift the nation's attention to the issue at hand that can threaten the closure of many healthcare facilities post-pandemic.
Keywords
Full text:
Available
Collection:
International databases
Database:
MEDLINE
Main subject:
Health Care Sector
/
COVID-19
Type of study:
Observational study
Topics:
Vaccines
Limits:
Humans
Country/Region as subject:
North America
Language:
English
Journal:
Hosp Pract (1995)
Journal subject:
Hospitals
Year:
2021
Document Type:
Article
Affiliation country:
21548331.2021.1917896
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