The slow transition back to normal after COVID-19: How leaders can help their teams
Several guiding principles can help leaders steer their teams and organizations back to something approaching normalcy following the COVID-19 pandemic.
Rolling forecasting will help get hospitals through the COVID-19 crisis
The upheaval hospitals and health systems are experiencing as a result of the COVID-19 pandemic has made traditional annual budgeting processes inadequate. Organizations should consider adopting instead a budgeting process based on rolling forecasting.
Guest commentary: COVID-19 allows no time for hesitation among healthcare finance professionals
Kaufman Hall's managing director and chair, Ken Kaufman, says leaders of healthcare provider organizations must act now with speed and sophistication to develop the financial foundation for an effective COVID-19 recovery.
Top long-range challenges for healthcare organizations in the aftermath of COVID-19
An industry expert explains why the long-term challenges healthcare organizations will face in the aftermath of the COVID-19 crisis will vary considerably, depending on each organization’s circumstances.
U.S. District judge hears CMS price transparency lawsuit opening arguments
The May 7 hearing regarding CMS's controversial price transparency policy is likely the opening act in what may be a long series of appeals to the lawsuit filed against the Trump administration.
6 major long-term implications for the nation’s healthcare system post-COVID-19
The COVID-19 pandemic’s impact on the nation has historical implications. Among the various national responses, we likely will see investments in strengthening hospitals’ abilities to deploy temporary facilities, draw upon backup staffing and build stockpiles of key items.
The coronavirus launches providers into new world of virtual healthcare
The new focus on virtual healthcare in the post-COVID-19 world will bring about an unprecedented industry transformation.
Possible ‘silver lining’ for rural hospitals seen in attention generated by COVID-19
The COVID-19 pandemic creates an opportunity to focus attention on the fragility of rural hospitals, which may be able to secure needed support as a result.
Health systems may require a smaller real estate footprint post-pandemic
Although there's an opportunity to reduce facility costs and generate revenue by selling idle real estate as a result of telework and virtual care delivery post-pandemic, the transition to virtual visits may have a negative impact on provider revenue that exceeds the savings.
Rural hospitals get financial assistance as COVID-19 exacerbates their struggles
The federal government has begun to release financial assistance targeted to rural hospitals as they struggle with cash shortfalls amid the shutdown of elective procedures.