Advisory Board June 26, 2020
Health systems in May were seeing a slow return to normal patient volumes as hospitals reopened for scheduled procedures, but the return to normalcy will be slow and nonlinear, according to a Moody’s Investors Service report published last week.
Volumes begin to bounce back after extreme lows
Health systems saw a huge decrease in inpatient and outpatient surgeries during the peak of America’s new coronavirus epidemic, especially after states commanded hospitals to cancel and delay scheduled procedures to increase capacity for Covid-19 patients and imposed stay-at-home orders to decrease possible coronavirus transmission. However, as states began to reopen, so too did hospitals, ambulatory surgical centers (ASCs), clinics, and other health care organizations, Moody’s reports.
As a result, there was...