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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SAGE Publishing
2021
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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) |
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Public aspects of medicine RA1-1270 |
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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 |
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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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1718404090848870400 |