One model examining the financial impact of COVID-19 on U.S. primary care practices estimates that $15.1 billion is needed to neutralize revenue losses nationally
Statistic Info
Medical practices lost a large amount of revenue during the pandemic. Part of that is because there were fewer in-person visits since telehealth services ramped up ever since COVID-19.
Author: Graham Center
More Related Stats
Revenue Management
Demand for contract labor costs this year should normalize at about 60% higher than 2019 levels
63% of CEOs identified inadequate Medicaid reimbursement as a concern
Over the last year, medical care prices grew by 3.1%
The researchers found that, overall, medical deductibles were higher in 2023 than in 2022
More 2021 Stats
23% of US adults experienced mental illness, among whom fewer than half are receiving treatment
In 2021, 37% of adults had used telehealth services in the last 12 months
53% of unvaccinated people would prefer to get vaccinated at their doctor’s office
More than one-third of patients (36.4 percent) have left a healthcare provider in the last two years