Healthcare industry finally bouncing back from effects of COVID-19, data shows

The COVID-19 pandemic has had various effects on the healthcare industry, including staffing shortages and financial repercussions; however, finances are finally improving, the “2022 Physician Report” published June 14 by MedicalEconomics shows.

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The report shows that as of now, the financial state of 15 percent of practices is better than pre-pandemic levels; 36 percent are currently worse off compared to before the pandemic; and 49 percent are now at about the same financial level as pre-pandemic numbers.

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