Cardiology Organizations Bracing For Major Revenue Drop Because of COVID-19

Managed Healthcare Executive April 10, 2020
MHE Staff

MedAxiom, an American College of Cardiology company, surveyed its members from March 24-28 to assess the effect of the COVID-19 outbreak on cardiovascular organizations. Representatives of 89 organizations responded. The majority (77.5%) have 11 or more cardiologists.

Here are some of the results:

• Between 50% and 75% of the respondents expected to see their organization’s second-quarter revenues drop by almost in half (47.3%). Between 25% and 50% of the respondents expected to see second-quarter revenues fall by a little over a third (37.8%).

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