COVID-19 Impact on Pediatric Practices as of November 2020

While the total impact of the COVID-19 pandemic varied by pediatric practice, each pediatric practice that we work with was able to operate through the year. Operating a pediatric practice in 2020 required pediatric practice owners and leaders to be flexible, creative, and resilient during a year of many unknowns without a ‘road map’ of…

COVID-19 Impact on Pediatric Office Visits during the Second & Third Quarter of 2020

It has been about seven months since the COVID-19 pandemic started in the United States.     The early stages of the COVID-19 Pandemic started as a state of emergency with stay at home orders by the government.    The combined stay and home orders created an environment where children and parents were not engaging…

Update on Impact of COVID-19 Pandemic on Total Visits to Pediatric Practices

The COVID-19 Pandemic continues to impact operations of a pediatric office.  From the business perspective of total visits to the office, the average practice continues to see less well and sick patients when compared to the pre-COVID-19 Pandemic.   While the United States economy moves forward since the original lock-down, the COVID-19 disease has spread…

2020 COVID-19 Pandemic and Shut down of the economy – What does the phase re-openings Mean to Pediatric Practices?

The COVID-19 Pandemic caught the entire nation by surprise in March.  On March 13th, President Trump declared a state of emergency and by March 16th every state declared a state of emergency.  The Pandemic and the state of emergency caused shutting down activities, schools, work, stores, offices and travel.   Initially, many individuals hoped the…

The Effects of COVID-19 on Pediatric Practices

Visits in pediatric practices were as expected through the week ending Saturday, March 14th, 2020.  Starting Monday, March 16th, the impact of businesses and school closures as well as the awareness of COVID-19 pandemic had a significant impact on the engagement of patients with pediatric practices.  The COVID-19 Pandemic is an event that pediatric practices…

Changes in the Pediatric Practice Reimbursement Models

Ken Dominy There are many components to operating an independent Pediatric Medical Practice.    The core function of Pediatric practices is managing patients effectively for their well being.  Decades ago, the Healthcare market was a simpler design – a Medical practice developed a fee schedule and charged patients based on the fee schedule for procedures…