ABSTRACT

COVID-19: The Projected Economic Impact of the COVID-19 Pandemic on the US Healthcare System   [open pdf - 0B]

From the Summary: "The current pandemic of coronavirus disease 2019 (COVID-19) is exacting heavy economic and social costs around the world. In the United States, one aspect of the costs of COVID-19 that is of great interest but little understood is the potential cost to the nation of inpatient services for those with the disease. In this study, FAIR Health draws on its database of over 30 billion private healthcare claim records, and on estimates of Medicare and Medicaid costs, to project US costs for COVID-19 patients requiring inpatient stays. We estimated the costs of COVID-19 medical care based on proxy codes used by providers. We did so first on the basis of inpatient ICD-10 [International Classification of Diseases, tenth revision] procedure codes and revenue codes (IIR) associated with influenza and pneumonia, then, as an alternative, on the basis of diagnosis-related groups (DRGs) associated with pneumonia. We also examined telehealth codes commonly used for respiratory infections and their costs."

Publisher:
Date:
2020-03-25
Series:
Copyright:
2020 FAIR Health, Inc.
Retrieved From:
FAIR Health: https://www.fairhealth.org/
Media Type:
application/pdf
URL:
Help with citations