What can providers do as COVID-19 poses increased headwinds to uninsured rate
HFMA's Chad Mulvany says as the number of uninsured patients increases, providers will need to have medical accounts resolution processes in place that stress patient education and engagement as early in the process as possible.
HHS Provider Relief Fund updates include clarifications, confirmations and redefinitions
HFMA's Chad Mulvany says while HHS’s reinterpretations and additional clarifications are generally much appreciated, there are a number of additional items that HHS needs to address.
COVID-19 exacerbates bankruptcy for at-risk hospitals
HFMA's Chad Mulvany says there will be a greater number of hospital bankruptcies the longer Congress and the administration dither on additional relief to providers and if more providers have to reduce the volume of non-emergent services due to spiking COVID-19 cases.
COVID-19 interim final rule focus: Increased Medicare payment for qualifying COVID-19 treatment
HFMA's Chad Mulvany says HFMA believes CMS should modify the NCTAP payment as HFMA is concerned that payment methodology will not cover the cost of qualifying new COVID-19 treatments provided to Medicare beneficiaries.
A murky step in the right direction: HHS releases updated CARES Act Provider Relief Fund guidance
HHS, in a recent update, partially reverts back to the June 19 FAQs, which based the amount of PRF a provider is entitled to on lost revenue as opposed to its switch to lost margin in the Sept. 19 guidance.
Latest HHS provider relief fund FAQs offer insight into what’s permissible under the Sept. 19 reporting requirements
HFMA's Chad Mulvany says due to HHS's whipsaw approach to the provider relief fund FAQs and guidance, any clarity to be derived from the Phase 3 application instructions and FAQs needs to be considered with a measure of caution.
HHS announces Phase 3 CARES Act Provider Relief Funding
The U.S. Department of Health and Human Services will accept applications for Phase 3 General Distributions of provider relief funds Oct. 5 – Nov. 6.
What can healthcare providers expect now that a COVID-19 relief package failed a procedural vote in the Senate
HFMA's Chad Mulvany says it’s not surprising the GOP's COVID-19 relief measure failed, given the package was negotiated without input from Democrats.
Pandemic increases pressures for rural hospitals struggling pre-COVID-19
HFMA's Chad Mulvany says weakened rural providers will likely seek to align more closely or be acquired by a larger healthcare system or merge with one another to gain economies of scale.
What’s new in the CARES Act Provider Relief Fund FAQs as of Aug. 27
On Aug. 27, HHS updated who should attest to the terms and conditions when a parent organization receives a targeted distribution payment for a subsidiary.