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Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists

Introduction Considering the specific set of gastrointestinal endoscopy practitioners, it is witnessed that the number of patients forelective procedures are being deferred by the patients amid various concerns ranging from financial constraint to the fear of infection from the dreaded coronavirus....

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Autores principales: Patel, Dipam A., Shah, Chirag Narendrakumar
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Thieme Medical and Scientific Publishers Private Ltd. 2020
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7295279/
http://dx.doi.org/10.1055/s-0040-1712345
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author Patel, Dipam A.
Shah, Chirag Narendrakumar
author_facet Patel, Dipam A.
Shah, Chirag Narendrakumar
author_sort Patel, Dipam A.
collection PubMed
description Introduction Considering the specific set of gastrointestinal endoscopy practitioners, it is witnessed that the number of patients forelective procedures are being deferred by the patients amid various concerns ranging from financial constraint to the fear of infection from the dreaded coronavirus. With Routine endoscopy procedures recommended to be safely postponed, the impact on the practice of Gastrointestinal Endoscopists shall be magnified. Assessment and Strategy The article discusses impact and remedial actions that may be taken by Gastrointestinal Endoscopists, which classified into: - Anindependent practitioner - A consultant - An employee The article further touches upon the difficulties that might be envisaged by the Gastrointestinal Endoscopists, and obtain a financial understanding of what could potentially lead to an existential crisis? Those with cash reserves sit in a pleasant position i.e. they can buy assets at an attractive price, experiment with new ideas, research and development, etc. It is imperative in these times to understand the uncertainty cast on operations of Gastrointestinal Endoscopists and prepare a response plan for coming out of this economic crisis. A roadmap also has been devised which provides a possible outline of a plan that can be implemented for handling the economic crisis. It is also important to answer these two questions: 1. Who do I want to be during the crisis? 2. Who do I want to be when this is over?
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spelling pubmed-72952792020-06-16 Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists Patel, Dipam A. Shah, Chirag Narendrakumar Journal of Digestive Endoscopy Introduction Considering the specific set of gastrointestinal endoscopy practitioners, it is witnessed that the number of patients forelective procedures are being deferred by the patients amid various concerns ranging from financial constraint to the fear of infection from the dreaded coronavirus. With Routine endoscopy procedures recommended to be safely postponed, the impact on the practice of Gastrointestinal Endoscopists shall be magnified. Assessment and Strategy The article discusses impact and remedial actions that may be taken by Gastrointestinal Endoscopists, which classified into: - Anindependent practitioner - A consultant - An employee The article further touches upon the difficulties that might be envisaged by the Gastrointestinal Endoscopists, and obtain a financial understanding of what could potentially lead to an existential crisis? Those with cash reserves sit in a pleasant position i.e. they can buy assets at an attractive price, experiment with new ideas, research and development, etc. It is imperative in these times to understand the uncertainty cast on operations of Gastrointestinal Endoscopists and prepare a response plan for coming out of this economic crisis. A roadmap also has been devised which provides a possible outline of a plan that can be implemented for handling the economic crisis. It is also important to answer these two questions: 1. Who do I want to be during the crisis? 2. Who do I want to be when this is over? Thieme Medical and Scientific Publishers Private Ltd. 2020-03 2020-05-16 /pmc/articles/PMC7295279/ http://dx.doi.org/10.1055/s-0040-1712345 Text en https://creativecommons.org/licenses/by-nc-nd/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License, which permits unrestricted reproduction and distribution, for non-commercial purposes only; and use and reproduction, but not distribution, of adapted material for non-commercial purposes only, provided the original work is properly cited.
spellingShingle Patel, Dipam A.
Shah, Chirag Narendrakumar
Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title_full Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title_fullStr Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title_full_unstemmed Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title_short Navigating Through the Financial Crisis that may Occur during and after the COVID-19 Pandemic for Gastroenterologists
title_sort navigating through the financial crisis that may occur during and after the covid-19 pandemic for gastroenterologists
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7295279/
http://dx.doi.org/10.1055/s-0040-1712345
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