MedPage Today July 3, 2020
– They can provide a steady income even in “down” times
The cancellation of most face-to-face outpatient visits brought about by the uncontrolled spread of COVID-19 has resulted in serious financial difficulties for primary care provider practices in many parts of the country. In an article for an upcoming issue of Health Affairs, Sanjay Basu, MD, PhD, of Harvard Medical School, and colleagues reported that primary care visits of all types were down by 58% in late March and by 69% in April.
Using a microsimulation model that incorporated national data on primary care utilization, staffing, expenditures, and reimbursements (including telemedicine visits), the researchers estimated that primary care practices would likely lose $67,774 in gross revenue per full time physician...
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