Gastroenterology reports 2nd largest revenue, utilization drops of any specialty

Oral surgeons took the biggest financial hit from COVID-19, followed by gastroenterologists, according to Fair Health’s 2020 “Healthcare Professionals and the Impact of COVID-19” report, a comparative study of revenue and utilization.

Advertisement

What you should know:

1. Gastroenterology had the second-largest decreases in March and April utilization and revenue based on total estimated allowed amounts.

2. Gastroenterology utilization fell 73 percent from March 2019-20 and revenue fell 75 percent based on total estimated allowed amounts.

3. Also compared to March 2019, gastroenterology’s utilization was down 77 percent in April, and revenue based on total estimated allowed amounts was down 80 percent.

More articles on surgery centers:
The ‘new normal’ for ASCs: 16 admins on how the pandemic will change the field forever
Dr. Thomas Vikoren: Same-day TJR ‘made all the more important’ by COVID-19
Indiana orthopedic practice with surgery center to open

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Unlocking Structural Heart Capacity: How Leading Programs Use EMR and Data to Improve Patient Flow and Throughput

Wednesday, August 19
11:00 AM - 12:00 PM CDT

Presenters: Katie Kennedy, MSN, APRN, NP-C, Community Heart and VascularMisty Theriot, BSN, RN, CPHQ, FACC, Lake Charles Memorial Health SystemKatie Worthington, DNP, RN, Atlantic Health SystemTaryn Shipley, MBA, CSSBB, Lean HealthTech

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.