Cardiovascular Business April 14, 2020
The ongoing COVID-19 pandemic has resulted in massive changes for healthcare providers all over the world. A new survey from MedAxiom explores that impact on cardiology in great detail.
Eighty-nine cardiovascular care organizations responded to the survey in late March. While 36% of the organizations employed 31 to 100 cardiologists, another 13.5% employed 21 to 30 and 28% employed 11 to 20. The final 22.5% employed a maximum of 10 cardiologists.
Overall, as any practicing cardiologists would have likely predicted, cardiovascular care providers noted significant drops in revenue. In the first quarter alone, more than 25% of practices anticipate a drop of 50-75%. More than 36% of practices anticipate a drop of 25-50%.
The survey also explored the fact...