About: The Likely Economic Impact of Fewer Elective Surgical Procedures on US Hospitals During the COVID-19 Pandemic

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About: The Likely Economic Impact of Fewer Elective Surgical Procedures on US Hospitals During the COVID-19 Pandemic Goto Sponge NotDistinct Permalink

An Entity of Type : schema:ScholarlyArticle, within Data Space : covidontheweb.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	The Likely Economic Impact of Fewer Elective Surgical Procedures on US Hospitals During the COVID-19 Pandemic
Creator	Anderson, Gerard Anderson Phd, Gerard Best, Matthew Mcfarland, Edward Srikumaran, Srikumaran, Uma Uma,
Source	Elsevier; PMC
abstract	BACKGROUND: In order to help control the COVID-19 pandemic, elective procedures have been cancelled in most US hospitals by government order. The purpose of this study is to estimate national hospital reimbursement and net income losses due to elective surgical procedure cancellation during the COVID-19 pandemic. METHODS: The National Inpatient Sample (NIS) and the Nationwide Ambulatory Surgery Sample (NASS) were used to identify all elective surgical procedures performed in the inpatient setting and in hospital owned outpatient surgery departments throughout the United States. Total cost, reimbursement, and net income was determined for all elective surgical procedures. RESULTS: The estimated total annual cost of elective inpatient and outpatient surgical procedures in the United States was $147.2 billion and estimated total hospital reimbursement was $195.4 – $212.2 billion. This resulted in a net income of $48.0 – $64.8 billion per year to the US hospital system. Cancellation of all elective procedures would result in estimated losses of $16.3 – $17.7 billion per month in revenue and $4 – $5.4 billion per month in net income to US hospitals. CONCLUSIONS: Cancellation of elective procedures during the COVID-19 pandemic has a substantial economic impact on the US hospital system.
has issue date	2020-07-29(xsd:dateTime)
bibo:doi	10.1016/j.surg.2020.07.014
has license	no-cc
sha1sum (hex)	f67bd3690c0a8ff5d2fcd35726e9f70af54dad81
schema:url	https://doi.org/10.1016/j.surg.2020.07.014
resource representing a document's title	The Likely Economic Impact of Fewer Elective Surgical Procedures on US Hospitals During the COVID-19 Pandemic
has PubMed Central identifier	PMC7388821
schema:publication	Surgery
resource representing a document's body	covid:f67bd3690c0a8ff5d2fcd35726e9f70af54dad81#body_text
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