Economic Impact of COVID and Implications for the Future of Cardiothoracic Surgery

July 2, 20206:00 p.m. ET, 5:00 p.m. CT, 3:00 p.m. PT

The COVID pandemic has not only had a devastating humanitarian impact, but it also has shocked health care system finances. In this webinar, STS President Joseph A. Dearani, MD, will talk with cardiothoracic surgeons, a hospital executive, and a health care consultant about:

  • The overall financial impact on health care systems, including the immediate consequences, expectations for the next 18 months, and balancing cuts versus preparedness for future COVID surges
  • Different experiences and realities for private practices, hospitals, and academic medical centers
  • Changes for staff, including hiring, layoffs/furloughs, compensation, and budgets for CME, travel, training, and education
  • The long-term economic consequences on the cardiothoracic surgery specialty, including how the Centers for Medicare & Medicaid Services is still moving forward with planned Medicare payment cuts
  • Possible silver linings and lasting positive impact


Joseph A. Dearani, MD, Mayo Clinic, Rochester, MN


  • Vinay Badhwar, MD, West Virginia University Heart and Vascular Institute, Morgantown, WV
  • Richard K. Freeman, MD, MBA, Loyola Medicine, Chicago, IL
  • Robert S. Jasak, JD, Hart Health Strategies Inc., Washington, DC
  • Roberta Schwartz, PhD, Houston Methodist Hospital, Houston, TX

For more information, visit the STS website.