Measuring the COVID-19 Financial Threat to Hospital Markets

Many hospitals have been straining under the financial stress of treating COVID-19 patients. Those experiencing the greatest strain are in markets burdened with high levels of debt and uncompensated care. We propose a new measure of financial risk in a hospital market, combining both pre-existing fi...

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Autores principales: Anthony W. Orlando MSc, PhD, Robert I. Field JD, MPH, PhD
Formato: article
Lenguaje:EN
Publicado: SAGE Publishing 2021
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Acceso en línea:https://doaj.org/article/2c84b316113548aa8c89c562bd229742
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spelling oai:doaj.org-article:2c84b316113548aa8c89c562bd2297422021-12-01T22:33:58ZMeasuring the COVID-19 Financial Threat to Hospital Markets0046-95801945-724310.1177/00469580211059985https://doaj.org/article/2c84b316113548aa8c89c562bd2297422021-11-01T00:00:00Zhttps://doi.org/10.1177/00469580211059985https://doaj.org/toc/0046-9580https://doaj.org/toc/1945-7243Many hospitals have been straining under the financial stress of treating COVID-19 patients. Those experiencing the greatest strain are in markets burdened with high levels of debt and uncompensated care. We propose a new measure of financial risk in a hospital market, combining both pre-existing financial vulnerability and COVID-19 severity. It reveals the highest concentrations of risk in counties with high poverty, low population density, and high shares of foreign-born and non-White populations. The CARES Act Provider Relief Fund helped many of the hospitals in these regions, but it left many markets with the same overall vulnerability to financial strain from the next health crisis.Anthony W. Orlando MSc, PhDRobert I. Field JD, MPH, PhDSAGE PublishingarticlePublic aspects of medicineRA1-1270ENInquiry: The Journal of Health Care Organization, Provision, and Financing, Vol 58 (2021)
institution DOAJ
collection DOAJ
language EN
topic Public aspects of medicine
RA1-1270
spellingShingle Public aspects of medicine
RA1-1270
Anthony W. Orlando MSc, PhD
Robert I. Field JD, MPH, PhD
Measuring the COVID-19 Financial Threat to Hospital Markets
description Many hospitals have been straining under the financial stress of treating COVID-19 patients. Those experiencing the greatest strain are in markets burdened with high levels of debt and uncompensated care. We propose a new measure of financial risk in a hospital market, combining both pre-existing financial vulnerability and COVID-19 severity. It reveals the highest concentrations of risk in counties with high poverty, low population density, and high shares of foreign-born and non-White populations. The CARES Act Provider Relief Fund helped many of the hospitals in these regions, but it left many markets with the same overall vulnerability to financial strain from the next health crisis.
format article
author Anthony W. Orlando MSc, PhD
Robert I. Field JD, MPH, PhD
author_facet Anthony W. Orlando MSc, PhD
Robert I. Field JD, MPH, PhD
author_sort Anthony W. Orlando MSc, PhD
title Measuring the COVID-19 Financial Threat to Hospital Markets
title_short Measuring the COVID-19 Financial Threat to Hospital Markets
title_full Measuring the COVID-19 Financial Threat to Hospital Markets
title_fullStr Measuring the COVID-19 Financial Threat to Hospital Markets
title_full_unstemmed Measuring the COVID-19 Financial Threat to Hospital Markets
title_sort measuring the covid-19 financial threat to hospital markets
publisher SAGE Publishing
publishDate 2021
url https://doaj.org/article/2c84b316113548aa8c89c562bd229742
work_keys_str_mv AT anthonyworlandomscphd measuringthecovid19financialthreattohospitalmarkets
AT robertifieldjdmphphd measuringthecovid19financialthreattohospitalmarkets
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