AAO COVID-19 survey shows revenue losses for private practices

In a survey conducted by the American Academy of Ophthalmology to determine the effects of the COVID-19 pandemic on practices and their patients, 95% of private ophthalmic practices reported they are seeing 25% or less of their pre-COVID patient volume.
“The revenue losses have been tremendous for ophthalmology. The majority of practices expect to shrink in size in the absence of appropriate federal aid, and a significant number of practices will not be able to resume operations at all,” Michael X. Repka, MD, clinical spokesperson for the AAO, told Healio/OSN.
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