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.

Read the full article here

All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

Download Our
Brochure

Sign Up for Our Newsletter

VIEW 2022 HEALTHCARE OUTLOOK