Healthcare Revenue Cycle Management News

U.S. Department of Health & Human Services updates CARES Act Provider Relief Fund FAQs as of July 30

HHS says the CARES Act Provider Relief Funds need to be used by July 31, 2021, but Chad Mulvany says operationally, funds likely need to be spent by June 30, 2021, so providers can capture expenses and lost revenue in reports due to HHS July 31.

By Chad Mulvany, FHFMA August 6, 2020

Healthcare executives can take steps to combat the continued shortage of PPE for staff

HFMA's Todd Nelson says shortages of PPE and other challenges faced by organizations during the pandemic call for increased collaboration, communication and creativity by hospital and health system leaders.

By Todd Nelson, FHFMA August 5, 2020

Trump orders new rural payment model, permanent expansion of telehealth

President Trump ordered HHS to develop a new payment model for rural healthcare providers and to use its regulatory authority to make telehealth expansion permanent.

By Rich Daly August 5, 2020

Healthcare finance leaders share their responses to the COVID-19 crisis

Healthcare finance executive across the nation shared a wide variety of perspectives and experiences regarding the impact of the COVID-19 pandemic on their organizations and on themselves as leaders.

By Eric C. Reese, PhD August 4, 2020

8 security tips for remote revenue cycle staff

Healthcare organizations can help their remote revenue cycle staff from falling prey to hackers and secure patient health information by following advice from security and privacy experts.

By Lisa A. Eramo, MA August 4, 2020

A scarcity of rural ICU beds means little revenue amid the COVID-19 resurgence

Half of low-income rural areas lack ICU beds, which is depriving hospitals of revenue during ongoing COVID-19 surges.

By Rich Daly August 4, 2020

How to manage risk-based payment in the era of the global pandemic

To succeed with risk-based contracts through the COVID-19 pandemic and beyond, healthcare organizations require analytic capabilities for modeling the revenue impact of the crisis through all its phases.

By Thomas Persichetti, FCA, ASA, MAAA August 4, 2020

Healthcare consumers want information personalized to their situation from health plans

HFMA's Chad Mulvany says patients and consumers need information that’s relevant to their specific clinical situation and out-of-pocket costs for price and quality information to be meaningful.

By Chad Mulvany, FHFMA August 3, 2020

Elective surgery volume near normal in late July, analysis finds

Elective surgeries recovered in July following earlier state bans. However, a growing number of states are re-imposing bans amid a COVID-19 resurgence.

By Rich Daly July 31, 2020

3 objectives for an innovative and practical revenue cycle work-from-home program

To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.

By Michael L. Duke July 31, 2020
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