Journal of Economics, Finance and Accounting Studies

Yazarlar: Paul Benjamin Barrion, Ray Patrick Basco, Kevin jamir Pigao

Konular:-

DOI:10.32996/jefas.2022.4.18

Anahtar Kelimeler:COVID-19,Case Fatality Rate,Hospital Resources,COVID-19 Pandemic,Demand for Healthcare,Health Economics

Özet: In the heightened effects of the pandemic, health resources have been in constant limbo as supplies and availability of hospital resources take a toll as COVID-19 cases surge, resulting in shortages. Thus, health systems are overwhelmed, resulting in a higher fatality rate since the capacity to provide medical attention is diminished. In this paper, hospital resources refer to mechanical ventilators, ICU, isolation, and ward beds which are the critical factors of the case fatality rate (CFR) of COVID-19 in the Philippines. Data were retrieved from the Department of Health (DOH) Case Bulletins from October 26, 2020, to June 30, 2021, with 248 total observations. This research used the Ordinary Least Squares (OLS) Multiple Regression to determine if hospital resources are the predictors of the case fatality rate of COVID-19. Furthermore, the results show a significant relationship between the hospital resources and the case fatality rate of COVID-19 in the Philippines. This study can become a framework for further research concerned about hospital resources as the predictors of case fatality rates of different diseases in a pandemic.  

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