Impact Of The COVID-19 On Hospitals
Investment Information And Credit Rating Agency (ICRA) expects that the revenue in healthcare entities to fall by 50% in the month of April and May. The COVID-19 pandemic has impacted the hospital. Health facilities in many places are limited as the hospitals are not providing non-emergency care. With the increase in number of patients the situation becomes very challenging for low income country contexts, where social and health systems are already weak.
This pandemic had an adverse impact on private healthcare sector, leads to drop in occupation level for about 25-40% in the month of April 2020. Many small hospitals and nursing homing have been forced to shut their workplace due to the increased number of covid cases.
