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When the COVID-19 pandemic first hit last March, the Centers for Medicare & Medicaid Services (CMS) restricted tons of elective and nonessential procedures in all hospitals.
But with the world opening back up and non-emergency admissions declining, hospitals are gearing up to begin elective procedures yet again.
Which in this day and age, makes up a huge portion of potential revenue.
Numerous people who have been waiting for the past year to schedule elective surgeries will finally have the opportunity to do so. And this will only increase demand and, ultimately, profits for medical centers in the U.S. and around the globe.
As we head further into 2021, things like COVID-19 vaccines and better treatments will reduce the emergency requirements put into place last year.
And I know what you're thinking… | | |
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