Healthcare facilities witness 80% fall in demand: StudyJune 10, 2020
Indian hospitals have seen a large impact due to the COVID-19 pandemic, especially among small and medium-sized healthcare providers, said a Nathealth study.
A detailed survey of small and medium sized healthcare facilities across the country was conducted to understand the major challenges and identify areas of intervention needed following the COVID-19 lockdown.
The survey was conducted at 251 healthcare facilities across 9 states and 69 cities to assess the impact of COVID-19 on the Indian healthcare industry.
The results showed an average fall in revenue by as much as 80%. At least 90% of the surveyed healthcare facilities are facing financial challenges with 21% centres of care facing existential threat. Hospitals in tier 1 and tier 2 cities are experiencing 78% reduction in outpatient footfalls, and a drop of 79% in in-patient admissions. Around 90% of organizations surveyed require some form of financial assistance.
The survey findings indicate that even after the lifting of the lockdown, the situation will remain difficult for hospitals and nursing homes as patients will hesitate to visit hospitals.