In April 2020, in the midst of the COVID-19 pandemic, healthcare professional services declined 68 percent in utilization and 48 percent in revenue based on total estimated in-network amounts compared to April 2019 nationally. In the Northeast, the region hit hardest at that time by the pandemic, professionals experienced particularly sharp drops in utilization (80 percent) and revenue (79 percent) in April 2020. These are among the findings of FAIR Health's third COVID-19 study, Healthcare Professionals and the Impact of COVID-19: A Comparative Study of Revenue and Utilization.
During March and April 2020, deferral of elective procedures and many routine in-person medical visits imposed a financial burden on healthcare providers and caused changes to their practices, such as a new emphasis on telehealth. To study these issues, FAIR Health drew on its repository of private claims data to analyze, on a monthly basis, changes in utilization and estimated in-network reimbursement amounts for professionals in the first four months of 2020 as compared to the same months in 2019 (adjusted by Consumer Price Index). The second part of the study focused on seven specialties: cardiology, dermatology, oral surgery, gastroenterology, orthopedics, pediatric primary care and adult primary care. For each specialty, FAIR Health analyzed changes in utilization and estimated in-network reimbursement amounts in the first four months of 2020 as compared to the same months in 2019, as well as changes in the five most common procedures in the first four months of 2020. Among the findings:
- Of specialties studied, oral surgery had the largest decreases in utilization and revenue in both March and April 2020. In March 2020, oral surgery utilization declined by 80 percent, and revenue based on total estimated in-network amounts dropped 84 percent; in April 2020, oral surgery utilization declined 81 percent and revenue 92 percent. Gastroenterology had the second largest decreases in all four categories.
- Of specialties studied, pediatric primary care had the smallest decreases in three of four categories: March 2020 utilization (52 percent), April 2020 utilization (32 percent) and April revenue based on total estimated in-network amounts (35 percent). Adult primary care had the smallest decrease in March 2020 revenue (47 percent).
- Comparing March 2019 to March 2020, utilization of professional services decreased 65 percent and professional revenue based on total estimated in-network amounts decreased 45 percent. In the Northeast, comparing March 2019 to March 2020, utilization of professional services fell 60 percent and revenue based on total estimated in-network amounts declined 55 percent.
- Across many specialties from January to April 2020, office or other outpatient evaluation and management (E&M) visits became more common relative to other procedures, both by utilization and total estimated in-network amounts. This may have been due in part to the fact that many of these E&M services could be rendered via telehealth, whereas certain other procedures that became less common required in-person visits.
- In oral surgery, a procedure specifically for telehealth--telephone E&M by a physician or other qualified healthcare professional, 11-20 minutes (CPT® 99442)--climbed from number 131 in utilization in January 2020 to number 1 in April 2020.
- Total knee replacement (CPT 27447) and total hip replacement (CPT 27130) ranked high in the orthopedic top five procedures by total estimated in-network amounts in January 2020. They fell out of the top five by April 2020.
- For pediatric patients 0-4 years of age, there was little change in preventive care visits from March-April 2019 to March-April 2020, whether from the standpoint of utilization or of revenue based on total estimated in-network amounts. Decreases in these months were much greater for preventive care visits for older pediatric patients (5-17 years of age) and adults (18 and older).
FAIR Health president Robin Gelburd stated, "As with past studies in our COVID-19 series, we again use FAIR Health's vast data repository to illuminate the impact of the pandemic. We hope this report will be useful to stakeholders throughout the healthcare sector, including providers, payors, policy makers and researchers."
Source: FAIR Health
122181 422881Id forever want to be update on new posts on this internet site , bookmarked ! . 817209