The Study of Financial Impact of COVID-19 on Ophthalmic Practices

The exceptional threat posed by Covid-19 has necessitated a change in lifestyle. Social isolation, the wearing of face masks, and limiting contact to only necessary situations have become the new standard. Practice procedures in ophthalmology are currently limited to emergency treatments such as trauma and endophthalmitis. The current situation, as stated in this review, has resulted in a significant decrease in the number of patients seeking ophthalmology services. Patients are visiting less frequently as a result of the doctors’ and patients’ utmost caution. Many private practitioners, as expected, are feeling the strain financially, with as many as 90% of private practises requesting federal loans and other programmes to help them weather the storm. Despite these efforts, the outlook is bleak, with an estimated 6% of private practises closing, and those that survive are projected to be smaller in size and in bad financial shape.

Author (S) Details

Nishant Renu
Westcliff University, Irvine, California, USA

View Book :- https://stm.bookpi.org/NFMMR-V16/article/view/3786

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