The effect of Corona virus pandemic on the revenue of a hospital in Tehran

The outbreak of Covid-19 canceled unnecessary hospital admissions. Therefore, hospitals face economic consequences. In this context, this research has investigated the effect of the Corona virus pandemic on the revenue of a hospital in Tehran.

This study is retrospective interrupted time series studies.In this time series study, the monthly revenue of all services provided by a hospital in Tehran was collected and analyzed in the form of a census in two groups before and during the Covid-19 outbreak. Data analysis was done using Eviews. Chow test was used to detect structural breaks in the studied time series.

The findings of this study showed that the outbreak of Covid-19 reduced the revenue of all hospital services. According to the negative coefficient of the variable of the Covid-19 period and the regression coefficient, it indicates the existence of a negative relationship between the total revenue of the hospital and the prevalence of Covid-19. After the outbreak of Covid-19, the revenue of laboratory services and internal services decreased by 50% compared to the previous year after the outbreak of Covid-19 and continued to decrease by 20%.

The results of the study showed in the Covid-19 pandemic, with the change of admission priorities, the number of referrals decreased due to the fear of the hospital being infected with financial shocks. it is suggested that the hospital managers take action to train the forces, improve service productivity, reduce costs, and make optimal use of potential financial and human resources during the peace period.