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June 2021 (Volume 99)
Quarterly Article
Ruth Waitzberg
Wilm Quentin
Erin Webb
Sherry Glied
December 2024
June 2024
The Future of Population Health
Back to The Milbank Quarterly
Policy Points:
Financial distress in the health care sector is a nonintuitive consequence of a pandemic. Yet, in the United States, the budgets of health care providers are under considerable strain as the COVID- 19 pandemic continues.
Analysts anticipate that these continuing financial challenges will generate a wave of consolidation among hospitals and physician practices through 2021.1 Critical access hospitals, hospitals serving vulnerable populations, and independent primary care practices are particularly threatened.2,3 These dire financial outcomes arose through the interaction of the public health measures taken in response to the COVID-19 epidemic, particularly the shutdown of elective procedures, along with the underlying structure of US health care financing and the US government’s emergency response.
