Financial impact of the COVID‐19 pandemic on an academic otolaryngology department

Autor: Christina M. Yver, Tiffany N. Chao, Erica R. Thaler, Michael J. Ruckenstein, Ara A. Chalian, Gregory S. Weinstein, Bert W. O'Malley, Steven B. Cannady
Rok vydání: 2022
Předmět:
Zdroj: World Journal of Otorhinolaryngology - Head and Neck Surgery.
ISSN: 2589-1081
2095-8811
Popis: To quantify the financial impact of the coronavirus disease (COVID-19) pandemic on an academic otolaryngology department.A year-over-year comparison was used to compare department revenue from April 2020 and April 2021 as a percentage of baseline April 2019 activity.At the onset of the COVID-19 pandemic in April 2020, total department charges decreased by 83.4%, of which outpatient clinic charges were affected to the greatest extent. One year into pandemic recovery, department charges remained down 6.7% from baseline, and outpatient clinic charges remained down 9.9%. The reduction in outpatient clinic charges was mostly driven by a decrease in in-office procedure charges.Given that precautions to mitigate the risk of viral transmission in the health care setting are likely to be long-lived, it is important to consider the vulnerabilities of our specialty to mitigate financial losses going forward.
Databáze: OpenAIRE
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