As patient volumes declined drastically during COVID-19, facilities are eager to get more patients back into the office and provide the care that was delayed. Quadax personnel are speaking with clients about their own efforts to increase patient volumes and boost revenue.
As the United States prepared and responded to the COVID-19 pandemic, healthcare patient volumes drastically decreased, beginning in the second half of March. Elective procedures were postponed and telehealth skyrocketed resulting in record low healthcare visits.
Last week, I sat down with Professor Thomas Campanella, Director of Health Care Economics at Baldwin Wallace University, and we recorded a webinar about the steps hospitals need to take to prepare for life after COVID-19.
As COVID-19 continues to spread through the country, hospitals are scrambling to overcome unprecedented clinical and patient care disruptions contrasted by new demands. More than simply making adjustments to their financial projections, hospitals need to be aware of operational issues related to COVID-19 that could negatively impact cash flow and overall performance.
At Quadax, we are committed to doing our part to flatten the curve and minimize the spread of COVID-19. Even though we are considered an essential business, 99% of our staff are working remotely, limiting in-person interactions. And we are encouraging employees to stay home to stop the spread.