Federal government responds to COVID-19 crisis
The U.S. Congress has responded to the COVID-19 Crisis by enacting three pieces of legislation, as of April 9, that include relief to hospitals.
Patient financial responsibility for COVID-19 treatment: Let’s get it right
Even while hospitals are facing a dire financial situation amid the COVID-19 pandemic, they should adapt their business practices to account for the hardships facing consumers.
Debt collectors could take stimulus payments from millions of Americans
Given the media's heightened scrutiny of healthcare collections activity, hospital and health system leaders should ensure any business partners used for collections understand revenue cycle best practices during the pandemic-induced recession.
Urgent: HHS extends deadline for hospitals to submit data to receive CARES Act funding
To inform how additional CARES Act funds are distributed, HHS is asking all hospitals to provide certain information by 11:59 p.m. PT on Thursday, April 23.
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.
The COVID-19 impact on the revenue cycle for hospitals and other healthcare providers
Hospitals and other providers should be prepared for the impact of COVID-19 on various aspects of the revenue cycle, including billing and coding, patient financial responsibility and resources.
Practices can qualify for CARES funding even without COVID-19 patients, HHS says
Practices can qualify for CARES Act grants even if they have no diagnosed or suspected COVID-19 patients.
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.