Increased Medicare payments for COVID-19 care to stretch back to late January
Medicare will pay add-on bonuses for hospitals' patients treated with COVID-19 as far back as late January, says CMS.
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.
Healthcare organization partnerships with Area Agencies on Aging help reduce the total cost of care
Area Agencies on Aging are well-established resources for enhancing the health and well-being of a community’s elderly population and a natural partner for hospitals as they strive for a holistic approach to caring for older adult patients.
$100 billion in HHS provider relief funding falls short in reimbursing healthcare organizations for COVID-19 patient care
HFMA's Chad Mulvany details why the Health and Human Service $100 billion in provider relief funding is insufficient to provide the nation's healthcare organizations with financial stability in the face of 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.
HFMA Summary of HHS/DOL/IRS FAQ on Cost Sharing for COVID-19 Testing and Related Services
HFMA summarized HHS/DOL/IRS FAQs on cost sharing for COVID-19 testing and related services.
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.
5 ways hospitals should prepare to access COVID-19 disaster funding
The nation's hospitals should not delay in taking steps to track and document additional costs and revenue losses associated with COVID-19 cases, which will be necessary to obtain timely access to relief authorized under the CARES Act .