HealthExec March 27, 2020
Hospitals are facing “massive losses” treating patients with COVID-19––even with higher reimbursement for service, according to a new study from Strata Decision Technology.
In fact, 97% of health systems are losing an average of $2,800 per case. Worse, some are losing between $8,000 and $10,000, the study found. Strata Decision used a proxy group of related patient cases and modeled the effect on a sample of U.S. health systems.
Under a proposed 20% increase in Medicare reimbursement specifically for COVID-19 cases, hospitals still lost out. Hospitals still face a loss of $1,200 on average per case with higher a reimbursement rate. Some hospital systems can face between $6,000 and $8,00 in losses.
The main reason for hospital losses is due...
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