The Economic Impact of Covid-19 on Global Health Care System

Abstract

International hospitals and healthcare facilities have faced severe financial & economic difficulties as a result of the COVID-19 epidemic. According to a research released by the American Health Care System, monthly revenue averages which range from $202.6 to $505.7 are affected and reduced. Additionally, it varies by country; some have high incomes, while others have low incomes and depending upon the severity of disease. However, the range of expenses varies periodically and it is a sample of the highest daily COVID-19 cases. The number of new instances in the US was displayed, and this burden will affect surgical instruments and patient care.
The shrinkage of poor countries relative to large countries is also cited as the reason for various World Bank projects and global growth, but this has no bearing on the United Nations projects that will cost national and international economies on the cost of clearing the dollars for COVID-19. It was noticed that lacks hospital supplies, paperwork, water that remained short in supply, and preparedness and protective gear for healthcare personnel, but COVID-19 brought these shortcomings to light.
The US and other nations will benefit in the future from the development of various plans and the application of guidelines for management of disasters and pandemics. Globe have numerous sectors, which were recommended in the prompt by various plans of existence for preparations in the discussion of the economic impact of COVID-19 on the US and international hospitals for care facilities and surgery.