GLOBAL HEALTHCARE SERVICES

NEWMARK

Elective Surgery Volume Near Normal in Late July, Analysis Finds

Commentary by: John Nero, Managing Director, Global Healthcare Services

Despite a resurgence of COVID-19 cases in certain regions and new infection-control measures which can limit volume, elective surgery volumes have rebounded to pre-COVID-19 levels in many areas as of late July. Cancellation and rescheduling rates have drastically fallen and operating room minutes continue to rise as states lift bans on elective procedures and patient confidence in returning to the hospital or ambulatory setting grows. While short-term recovery is anticipated with August 2020 volume projected to be similar to August 2019 figures, hospitals will continue to offset the probable fluctuation in volumes through long-term cost savings initiatives.

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