StrataSphere™

The National Patient and Procedure Volume Tracker™

Six-Month Analysis of Patient and Procedure Volume at 275 Hospitals Shows an Industry in Slow Recovery

On May 11, 2020 we produced the original National Patient and Procedure Volume Tracker (NPPVT) published based on data from the StrataSphere network. At that time, the impact of the coronavirus pandemic was pushing many hospitals to the brink of financial collapse. Volumes, particularly surgical procedure volumes, were falling rapidly across the country and the Northeast saw a massive spike in COVID-19 volumes with very high mortality rates. The rest of the country began to cancel “elective” care and took extraordinary measures to ensure that hospitals wouldn’t be overwhelmed. At the same time, concern was growing as patients stopped coming in for needed care.

Six months later, the landscape, while still very difficult, looks markedly different thanks to the infusion of $175 billion from the CARES Act and the heroic efforts of healthcare providers and systems. Despite highly politicized, state-by-state decisions, health systems stood resolute. In recent months, we have witnessed dramatically lower mechanical ventilator use and mortality rates. And today, it’s clear that institutions can manage COVID-19 volumes while safely treating patients suffering from other issues.

Download the Six Month Summary

What we see in the data is the story of an industry learning to live in a new normal that may never look like it once did, not only because of COVID-19 but because of an acceleration of new care models, technology, and consumer preferences.

The six key takeaways from National Patient and Procedure Volume Tracker (NPPVT)

The updated National Patient and Procedure Volume Tracker reveals a few of the following insights:

COVID-19 Analysis: Healthcare providers have quickly learned and heroically responded to COVID-19 as demonstrated by dramatically lower ventilator and mortality rates

Patient and Procedure Volume Analysis: The impact to inpatient and ER volumes has been significant and the new normal may force a wide-spread re-evaluation of financial models for hospitals

Inpatient volume has not fully recovered with inpatient procedures and surgeries still down significantly

Outpatient volume has recovered for some, but not for all

Emergency room visits are still down by 25% nationally

The four key conclusions from the data and 3 questions CFOs must ask themselves to successfully navigate the road ahead.

Download the Six Month Summary

About StrataSphere

StrataSphere currently includes over 100 participating health systems, representing more than $150 billion in operating expense. Whereas existing comparative analytics and benchmarking solutions rely primarily on public datasets, StrataSphere provides accurate, actionable and timely comparisons of key metrics. StrataSphere utilizes machine learning to leverage trillions of data points from this network of providers already using StrataJazz for financial planning, analytics and performance. For this reason, participation in StrataSphere requires no additional data submission or work effort.

Download other reports from the National Patient and Procedure Volume Tracker below.

The National Patient and Procedure Volume Tracker™

5/11/2020Original Tracker and ReportDownload
5/18/2020New Data AddedDownload
5/26/2020New & Updated Data AddedDownload
6/01/2020New & Updated Data AddedDownload
6/08/2020New & Updated Data AddedDownload
6/22/2020Biweekly UpdateEdited 7/08/2020Download
7/08/2020Biweekly UpdateDownload
7/20/2020Biweekly UpdateDownload
8/03/2020Biweekly UpdateDownload
Printable VersionDownload
8/17/2020Biweekly Update – Edited 8/20/20Download
Printable Version – Edited 8/20/20Download
8/31/2020Biweekly Update – Posted 9/1/20Download
Printable Version – Posted 9/1/20Download
9/21/2020Biweekly Update – Edited 10/6/20Download
Printable Version – Edited 10/6/20Download
Service Line and Care Family BreakdownDownload
9/22/2020NPPVT Six Month ReportDownload
10/5/2020Biweekly Update – Posted 10/6/20Download
Printable Version – Posted 10/6/20Download
10/19/2020Biweekly UpdateDownload
Printable VersionDownload
NOTE: Reports posted between 6/22 and 10/5 were updated on 10/20 with a more accurate data note on Section 6.