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How can hospitals brace for the financial hit of long COVID?
As the COVID-19 pandemic enters its fourth year, hospitals and health systems caring for patients with long COVID are assessing financial strategies and tools for sustainable, ongoing care. As SARS-CoV-2 infections and reinfections continue, many patients are comparing the first waves of infections in 2020 with the comparative mildness of Omicron-associated variants in 2022 and 2023. As a result, many have already declared that the pandemic is over or at least that the end is in sight as an endemic assumes its place and long-term mitigation strategies are discussed. However, millions of people are still struggling with the aftermath known as long COVID. Affecting nearly one in five people who have had COVID-19, long COVID involves symptoms that persist for at least two months that can’t be attributed to another diagnosis.
Medigy Insights
As the COVID-19 pandemic progresses into its fourth year, healthcare organizations have shifted their focus towards financial sustainability and long-term care for patients suffering from long COVID. The comparative mildness of recent variants, such as Omicron, has led some individuals to believe that the pandemic is on the decline. However, millions of individuals continue to experience the long-term consequences of COVID-19, with nearly one in five individuals presenting symptoms that persist for at least two months and cannot be attributed to another diagnosis. Thus, it is crucial for healthcare systems to evaluate their financial strategies and tools to ensure sustainable care for those affected by long COVID.
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