Employers pivot from value-based payment to virtual care amid the pandemic
Employer-sponsored health plans are pausing value-pay expansions in favor of adding virtual care options in response to the COVID-19 pandemic, according to a business group survey..
CARES Act Provider Relief Fund FAQs undergo another update as of August 14
HFMA's Chad Mulvany recommends healthcare leaders who think their organizations qualify for Phase 2 General Distributions review the FAQs.
More independent physician practices likely to seek partners in the coming months due to financial issues caused by COVID-19
HFMA's Chad Mulvany says given the limited days cash on hand independent physician practices report having, it is likely practices will start seeking partners in the coming months, if they haven’t already.
White House appeals for hospitals and health systems to use official COVID-19 portal daily to track PPE needs
HFMA's Todd Nelson says the shortage of personal protective equipment is not going to get better if hospitals and health systems don’t do their part to provide PPE use and shortage data on the U.S. Healthcare COVID-19 portal.
New data analytics hold the key to promoting consumerism in healthcare
Panelists at HFMA’s Digital Annual Conference in August explored how recent advances in data analytics are helping to improve the patient experience of care and advance consumerism in healthcare.
Fewer cancer diagnoses in first weeks of the pandemic imply increased spending on cancer treatment in the future
HFMA's Chad Mulvany says good actuarial support is more important than ever for providers considering entering into risk-based models in response to the pandemic.
More hospital consolidation is expected post-pandemic
Supporters and opponents of hospital mergers and acquisitions expect such deals to increase in the aftermath of COVID-19..
A 5-step process to achieve and sustain physician preference item cost reduction
To identify and reduce the costs of physician preference items, hospitals and health systems should use a five-step process that begins with cleaning and organizing PPI cost and utilization data.
Fauci says additional lockdowns’ not needed in response to COVID-19
Anthony Fauci, MD, says states can control the spread of the virus without additional lockdowns, even as some move to reinstitute sharp restrictions on healthcare services.
McKinsey & Company survey: Physician perceptions of COVID-19 risk influence referral patterns
HFMA's Chad Mulvany says these McKinsey findings illustrate the importance of involving physicians in the development and execution of checklists used to safely reopen clinics and restart non-emergent procedures.