Hospitals require a 3-pronged response to potential covenant violations
Reworking cost structure and enhancing revenue performance are foundational parts of a holistic solution for most healthcare organizations facing balance sheet challenges and covenant violations as a result of the COVID-19 crisis.
Impact of the COVID-19 pandemic impact could cause more hospitals to breach debt covenants
If Congress does not take action to prevent financial penalties for already financially distressed hospitals, another financial hit could be the final blow for many healthcare organizations already feeling the financial impact of the pandemic.
Delayed care will have a butterfly effect on the Medicare Advantage rate setting
HFMA’s Chad Mulvany says healthcare providers can take specific actions to reengage with patients who are postponing and/or avoiding healthcare for fear of being exposed to COVID-19.
Medicare considering making telehealth expansion permanent, Verma says
Medicare is considering making permanent some of the temporary telehealth waivers it has issued during the pandemic.
With 40% of COVID deaths, post-acute care sites get funding, scrutiny
COVID-19 focus and assistance increasingly have been turning to post-acute care providers.
Cost of COVID-19 cases likely to eclipse relief measures
Hospitals and health systems need to develop a well-informed plan of action to deal the the short-term and long-term financial impacts of COVID-19.
Will the CARES Act actually reduce hospital financial stresses?
The COVID-19 crisis raises important questions for the U.S., including how it should prepare for the inevitable occurence of other potential serious pandemics in the future.
4 steps to help healthcare organizations plan for operating in a post-COVID-19 environment
To survive the current COVID-19 crisis and to thrive in the uncertain future that follows, healthcare organizations must take steps to prepare for and meet the full range of risks presented by the pandemic.
How CFOs can protect patients and clinicians during the COVID-19 pandemic
Marcus Schabacker, MD, PhD, president and CEO of ECRI, offers advice to healthcare CFOs on how they can help ease the burden on clinicians in the ongoing battle against COVID-19.
Coronavirus leaves hospital financing in flux
Hospital’s long-term financing efforts have been disrupted by the coronavirus driving investors away from such offerings, say advisers.