Healthcare Spending Declines 18% in Q1 2020

“Health-care spending declined at an annualized rate of 18 percent in the first three months of the year, according to Commerce Department data released last week, the largest reduction since the government started keeping records in 1959.”

As states gradually return to work, many healthcare providers are moving toward normal capacity, at a cautious pace.

As ESA shares in its Thought Leadership Now webinars, a handful of medical specialties have been fast movers relative to the field, in their return to business. These tend to be practices where social distancing, specific cautions, and/or telehealth can be employed.

Read the full story on Washington Post:
Health-care spending fell, and hospitals furloughed workers despite the novel coronavirus – The Washington Post

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