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Deprecated: Implicit conversion from float 245.2 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534 Int+J+Health+Policy+Manag 2020 ; 9 (10): 423-428 Nephropedia Template TP
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For-Profit Hospitals Out of Business? Financial Sustainability During the COVID-19 Epidemic Emergency Response #MMPMID32610731
Kruse FM; Jeurissen PPT
Int J Health Policy Manag 2020[Oct]; 9 (10): 423-428 PMID32610731show ga
This perspective argues that for-profit hospitals will be heavily affected by epidemic crises, including the current coronavirus disease 2019 (COVID-19) outbreak. Policy-makers should be aware that for-profit hospitals in particular are likely to face financial distress. The suspension of all non-urgent elective surgery and the relegation of market-based mechanisms that determines the allocation and compensation of care puts the financial state of these hospitals at serious risk. We identify three organisational factors that determine which hospitals might be most affected (ie, care-portfolio, size and whether it is private equity [PE]-owned). In addition, we analyse contextual factors that could explain the impact of financial distress among for-profit hospitals on the wider healthcare system.