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Measuring the COVID-19 Financial Threat to Hospital Markets
Journal article   Open access   Peer reviewed

Measuring the COVID-19 Financial Threat to Hospital Markets

Anthony W. Orlando and Robert Field
Inquiry (Chicago), v 58, pp 4695802110599-469580211059985
14 Nov 2021
PMID: 34844471
url
https://doi.org/10.1177/00469580211059985View
Published, Version of Record (VoR)CC BY-NC V4.0 Open

Abstract

Health Care Sciences & Services Health Policy & Services Life Sciences & Biomedicine Science & Technology
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.

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3 citations in Scopus

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#3 Good Health and Well-Being

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Collaboration types
Domestic collaboration
Web of Science research areas
Health Care Sciences & Services
Health Policy & Services
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