Medicare suspends COVID-19 advance payments for Part B providers
Medicare has suspended access to advance payments for Part B providers during the COVID-19 pandemic.
Congress approves $75 billion in additional COVID-19 relief for providers
President Trump signed legislation April 24 to add $75 billion to provider relief related to the effects of the coronavirus.
April 23 deadline looms for hospitals in ‘high-impact’ COVID-19 areas to provide information to receive CARES Act funds
Hospitals hit by COVID-19 cases face a tight deadline to let HHS know they are interested in new funding that will be distributed next week.
How hospitals can preserve cash amid rising costs, crashing revenues brought on by COVID-19
The need to preserve cash is becoming more acute amid plummeting revenues and rising costs. Leaders and industry consultants are getting creative in search of solutions.
CARES Act funding ‘terms and conditions’ raise concerns among hospital advocates
Advisers are warning hospitals that the terms and conditions of CARES Act assistance are vague, contradictory and need to be reviewed by legal counsel.
COVID-19’s impact on healthcare purchasers’ balance sheets will drive cost reduction efforts after the pandemic
HFMA's Chad Mulvany anticipates a combination of efforts to reduce the growth in per unit prices of healthcare and to reduce the total cost of care on the healthcare delivery system side after the pandemic.
Some health plans accelerate hospital payments to provide COVID-19 financial help
Some health plans are accelerating payment processing or offering advances to help stabilize hospitals strained by the effects of the ongoing pandemic.
Details released on how much each provider will receive from $30 billion in CARES funding
Hospitals should have begun receiving CARES Act funding April 10, but the funds require accepting specific terms.
Federal government sending $64 billion this week to providers for coronavirus costs
Hospitals should receive $64 billion in federal grants and loans by the end of this week to help with coronavirus treatment and preparation costs.
Telehealth’s impact on clinic staffing models post-COVID-19
HFMA's Chad Mulvany predicts that if COVID-19 leads to widespread usage of telehealth, post-pandemic it will lead to a rethinking of primary care clinic footprints and staffing models.