Hospitals and health systems face both immediate and long-term headwinds to volume recovery. In the near-term, utilization will be suppressed due to consumer avoidance of health care settings, possible elective service restrictions, and decreased throughput. In the long-term, utilization will be suppressed by a potential prolonged Covid-19-induced economic recession.
The 2007 to 2009 Great Recession resulted in large shifts to insurance coverage and benefit design which tempered utilization years after the recession ended. In this resource, we provide our take on how the current Covid-19 recession will differ from the last recession and the factors you need to consider when assessing its impact to long-term utilization.
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How the Great Recession impacted inpatient utilization