Dublin, Dec. 17, 2020 (GLOBE NEWSWIRE) -- The "2020 Hospitals and Health Systems Market Report" report has been added to ResearchAndMarkets.com's offering.
In 2020 hospitals became overwhelmed with COVID-19 patients and experienced extreme revenue losses as elective procedures halted. HIDA's 2020 Hospitals and Health Systems Market Report analyzes the major market trends impacting the industry including impacts of COVID-19, the pandemic's impact on staffing challenges, and reimbursement trends.
- Hospitals and health systems are expected to lose $323 billion in 2020
- due to COVID-19
- Volumes decreased 35% in operating rooms and 42% in emergency departments during the first several months of the pandemic
- Shortage of physicians could reach 139,000 by 2033
Key Topics Covered:
- Executive Summary
- Market Overview
- COVID-19 Causes Severe Financial Losses For Hospitals
- Operating Room And Emergency Department Volumes Decline During COVID-19
- Cares Act Provider Relief Fund Distributes $175 Billion
- To Hospitals And Healthcare Providers
- Majority Of Hospitals Don't Believe Government Funding Is Enough To Offset Losses
- Medical Supplies/PPE Top Concern During COVID-19
- Hospitals By The Numbers
- Most U.S Community Hospitals Are Not-For-Profit And Part Of A System
- Majority Of Hospitals Are Short-Term Acute Care And Have Fewer Than 100 Beds
- Nation's Largest Integrated Delivery Networks Own 50 Or More Hospitals
- Independent Hospitals Revenue Growing At A Faster Pace Than IDNs
- Hospital Margins Still Negative But Improve Slightly
- Outpatient Services Grow 7.4% Year-To-Year
- COVID-19 Creates Uncertainty For Future Medical Costs
- Hospital Stays Longer Than 3 Days Continue To Decline
- Rural Patients Travel For Care
- Urban And Rural Hospitals See Stays And Medicare Margins Decline
- Registered Nurse Turnover Costs Hospitals $3.6-$6.1 Million Annually
- Over One-Third Of Hospitals Have Vacancy Rates Over 10%
- Shortage Of Nearly 100,000 Physicians Expected By 2033
- Over 900 Healthcare Workers Die From COVID-19
- More Than 150,000 Hospital Jobs Lost During First 3 Months Of Pandemic
- COVID-19 Causes Stress, Depression, And Anxiety For Hospital Workers
- Majority Of Providers Not Ready For Post-COVID-19 Telehealth Push
- Providers Target Capital Expenditures, Labor For Cost Reduction
- Artificial Intelligence, Electronic Health Records Top Technology Investments
- Majority Of Hospital Leaders Use Technology To Better Understand Costs
- Supply Chain Management Important To Reaching Organizational Goals
- COVID-19 Highlights Importance Of Supply Chain
- 72% Of Hospital Purchases Are Through A GPO
- Pandemic Increases Merger And Acquisition Plans
- GHX Reports $28.8 Billion In Hospital Sales Through Distribution In 2019
- GHX Lists Top Hospital Products Sold Through Distribution
For more information about this report visit https://www.researchandmarkets.com/r/nr48hw
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