Radiology Revenue Could Drop by Up to 70 Percent During COVID-19 Crisis
By the time the COVID-19 crisis ends, according to anecdotal experiences, practices can anticipate a loss of revenue between 50 percent-to-70 percent of their normal levels. Experts Joseph Cavallo, M.D., a diagnostic radiology specialist, and Howard Forman, M.D., MBA, professor of radiology and biomedical imaging, from Yale New Haven Hospital’s radiology department said, in a report published Wednesday in Radiology, practices can reasonably expect the downturn to last up to four months.
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