Impact of COVID 19 on Healthcare Practices
                     IMPACT OF COVID 19 ON HEALTHCARE PRACTICES
We may think that only small businesses like restaurants and retailers have 
taken a financial hit during the COVID-19 pandemic, but the fact is small 
physicians around the country have reported a steep loss in revenues over time. 
Luckily, telehealth taking up the pitch has helped pick up at least a small portion 
of the slack. In a survey conducted by the Medical Group Management 
Association, it has been revealed that among 724 medical practices being 
surveyed, 97% of them had a negative financial impact.
Although several steps have been taken, things do not seem to settle down due 
to the continuity of the vulnerability and make the condition of medical practice 
worse. There are certain factors that impact the healthcare practices in the 
COVID-19.
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Medical Billing
#1: People hesitating to come to clinics/hospitals
The continuous death toll in the USA since the mid of March 2020 has generated an 
astonishing panic among the people, due to which they have been hesitating to visit clinics or 
small hospitals for consultation with doctors directly. The impact of COVID-19 outbreak can be 
seen in people till now; therefore with high hesitation, people reduced visiting clinics for 
treatment or diagnosis. There are many cases where patients schedule an appointment the 
previous day but fail to visit the hospital during this COVID-19. This is one of the psychological 
reasons the revenue of healthcare was slashed.
#2: Pediatric patients go unfound
More than adults, there were several news mentioning that children should not be brought 
out of house, since many children may not have great immunity and may easily prone to the 
virus, parents who are supposed to bring their children for regular check-up did not turn up 
for consultation nor vaccination. Moreover, the focus of receiving payments was more on 
Medicare payments rather than Paediatricians, thereby resulting in loss of achieving even the 
regular cash inflow.
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#3: Solo practitioners remained with closed signs
Most of individual practitioners reported that they had to close their clinics for more than 
six months due to the unrecoverable impact created by COVID-19. Particularly, plastic 
surgeons incurred an expensive state of living, where even they keep the offices closed, still 
it was quite difficult for them to bear the overhead costs such as phones, electronic 
medical records that too for a closed practice. It also impacted the employment of staff in 
clinics with who solo practitioners were managing efficiently before the pandemic. Despite 
telehealth, the regular functioning of majority of individual healthcare practices did not 
turn to a smooth workflow.
#4: Revamping to telehealth
With the instructions and extension of telehealth care for non-emergencies, by CMS, in the 
earlier days of pandemic, worked really well, and there has been a standard increase from 
14% to 15% of all patient visits to telemedicine, which is a good number. Healthcare 
practices also reported that though telehealth is in existence even before pandemic, hardly 
3 to 5 patients were using the facility. But now to protect them from the virus spread, 
unless it is an emergency or there is a need to visit the doctor in person, telehealth 
medicine suffices the health situation.
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Conclusion
However, the COVID-19 pandemic has pushed healthcare practices down into the loss of revenue, 
yet has been helping in making practices more perfect than it they were earlier. Though telehealth 
is slowly growing as an upcoming trend, you cannot relax from challenges still. Especially, with the 
constantly changing codes for COVID-19 treatment and telehealth, many medical practices are 
finding it difficult to deal when it comes to claims processing and billing.
A leading medical billing service provider such as 24/7 Medical Billing Services have come up with 
new strategies for supporting medical practices during this pandemic situation. Their hourly-based 
pricing for outsourcing is quite attractive and convincing as well. None other than this time would 
be great for medical billing companies/solo practitioners/big medical offices to outsource their 
medical billing and coding processes and stay away from stress.
 
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ABOUT US
• We are a medical billing company that offers ‘24/7 Medical Billing Services’ and 
support physicians, hospitals, medical institutions and group practices with our end to 
end medical billing solutions. We help you earn more revenue with our quick and 
affordable services. Our customized Revenue Cycle Management (RCM) solutions 
allow physicians to attract additional revenue and reduce administrative burden or 
losses.
• Our company was founded in 2005 and is now a leading organization of highly 
motivated and certified coders & billers in the US medical billing industry. Our current 
employee strength is 500+ and we have ambitious plans to grow more rapidly.
• As a leading Medical Billing Outsourcing Company we take care of the complete setup 
& enrolment in about one to four weeks time depending on the complexity of the 
project. We have certified trainers with 10+ years of experience to train the 
newcomers so they can get acquainted with the specialty jargons & stay updated with 
the recent coding developments.
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CONTACT US
24/7 Medical Billing Services
16192 Coastal Hwy,
Lewes, DE – 19958
USA
Phone no : 
+1 888-502-0537
Email Address :
[email protected] 
[email protected]             https://www.247medicalbillingservices.com/       888-502-0537