Estimated reimbursement impact of COVID-19 on emergency physicians

Arjun K Venkatesh1,2, Alexander T Janke1,3, Ryan Koski-Vacirca1

  • 1Department of Emergency Medicine, Yale School of Medicine, New Haven, Connecticut, USA.

Insights

COVID-19 significantly impacted emergency physician reimbursement, causing an estimated $6.6 billion in nationwide losses in 2020. Federal relief funds covered only a fraction of these substantial economic impacts on emergency care.

Area of Science:

  • Health Economics
  • Emergency Medicine
  • Public Health Policy

Background:

  • COVID-19 and policy responses drastically altered healthcare delivery and financing.
  • Emergency physician reimbursement faced unprecedented challenges due to shifting acute care utilization.

Purpose of the Study:

  • To estimate reimbursement losses for emergency physicians in 2020 compared to 2019.
  • To assess the economic impact of COVID-19 on emergency care financing.

Main Methods:

  • Observational analysis using the Clinical Emergency Department Registry (CEDR) and Nationwide Emergency Department Sample (NEDS).
  • Evaluation of Evaluation and Management (E&M) billing codes, insurance payers, and geographic data.
  • Linking ED visit data to fee schedules to estimate professional reimbursement.

Main Results:

  • Emergency physician reimbursement in the CEDR declined by 19.7% ($308 million loss) in 2020 from 2019.
  • Estimated nationwide reimbursement losses reached $6.6 billion (-19.4% year-over-year).
  • Federal relief funds (CARES Act) covered only 10.3% of the estimated pandemic-related losses.

Conclusions:

  • The COVID-19 pandemic caused substantial economic impacts on emergency physicians.
  • Findings highlight the need for policy consideration regarding emergency care financing and relief.
  • The pandemic exposed and exacerbated existing vulnerabilities in healthcare financing.
Abstract

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