Yahoo Finance 2021 Insights on the Physician Office Industry - COVID-19 Pandemic Dramatically Increased Telehealth Visits
Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- The "2020 Physician Office Market Report" report has been added to ResearchAndMarkets.com's offering.
2020 was a difficult year for physician offices as patients put off routine office visits due to COVID-19 and offices experienced extreme revenue losses. The 2020 Physician Office Market Report analyzes major market trends impacting the industry including COVID-19, physician employment trends and reimbursement trends.
Primary care practices are expected to lose $15 billion due to the pandemic
43% of physician offices reduced staff and 72% of physicians had income reductions during the first several months of COVID-19
By 2033 a shortfall of 54,100 to 139,000 physicians is expected
Who Should Buy This Report
Healthcare investors
Health systems
Healthcare distributors
Healthcare manufactures
Group Purchasing Organizations
Government Health Agencies
State Health Agencies
Healthcare Providers
Key Topics Covered:
Executive Summary
Physician Office Market Overview
Physician Offices Experience Large Volume And Revenue Declines Due To COVID-19
Majority Of Physicians Are Employed By A Hospital Or Health Group
Specialists Outnumber And Out Earn Primary Care Physicians
Physician Offices Receive $8.5 Billion In Loans In COVID-19 Relief
Pandemic Dramatically Increases Telehealth Visits
Top 50 Medical Group Companies
Practices Reduce Staff To Offset COVID-19 Revenue Losses
Paperwork, Financial Concerns, And COVID-19 Contribute To Physician Burnout
Physician Shortages Projected To Increase
Physician Assistants And Nurse Practitioners Help With Physician Shortages
Fewer Physicians Expect To Participate In Incentive- Based Payment Models In 2020
MIPS Participation Decreases While APM Participation Increases
97% Of Physicians Under MIPS Receive Positive Payment Adjustment
MIPS Rewards Quality With Payment Adjustments
2020 MIPS Changes Expected To Lead To Increased Incentives
Comprehensive Primary Care Plus Model Launch Delayed To 2021
Electronic Health Records Implementation Increases Among Physician Offices
Number Of Urgent Care Clinics Continues To Grow
After Initial Declines, Urgent Care Volumes And Revenues Increase During COVID-19
Community Health Centers Provide Healthcare To Lower Income, Uninsured Populations
GHX Reports $6.8 Billion In Physician Office Sales Through Distribution In 2019
For more information about this report visit https://www.researchandmarkets.com/r/7psoin
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