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Hospital, physician spending in April reaches lowest point in more than a decade: analysis

from FierceHealthcare

Hospital, physician spending in April reaches lowest point in more than a decade: analysis FierceHealthcare Hospital care and physician spending has been hit the hardest by the COVID-19 pandemic, with a new analysis showing spending levels in April at the lowest point in more than a decade. The analysis published Friday from the consulting firm Altarum showed that national health spending was $2.88 trillion in April, a 24% decline compared to April 2019. The healthcare industry has been slammed by declines in healthcare use because of the cancellation of elective procedures and low patient volume. READ MORE

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