Wall Street analysts note that people are visiting hospitals more and are showing increased comfort with undergoing elective care. Expectations for increased elective medical activity still have a dose of cautious optimism to them.
One group expects procedural volume to return to — or even exceed — pre-pandemic levels:
“We believe that this survey shows that consumer sentiment towards elective procedures improved significantly from our survey in January, which probably isn’t too surprising given decreasing infection rates and increasing vaccinations. Given this, we believe that 2Q21 procedure volumes could be significantly better than 1Q21 procedure volumes and at, or even above, pre-pandemic levels.”
– Needham analysts