Medical Economics March 25, 2020
A new report projects big losses for hospitals treating the victims of the COVID-19 coronavirus pandemic.
The report, from Strata Decision Technology, projects a worst-case scenario where 97 percent of hospitals lose an average of $2,800 per case and many losing between $8,000 and $10,000. This scenario relies on the federal government failing to raise the reimbursement premium on COVID-19 patients.
It also examined a case where Congress increased these reimbursement premiums by 20 percent, and found an average loss of about $1,200 per case and up to between $6,000 and $8,000 for some hospitals depending on their payer mix.
The increased loss in these models are due to the increased costs of treating COVID-19 patients compared to their diagnosis-related...
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