After patient volume collapsed amid the coronavirus pandemic, some see signs of recovery
Hospitals faced steep patient volume declines in March and April, but signs indicate levels could be recovering as elective procedures resume.
HHS offers providers some clarification on CARES Act funding
Some details of CARES Act funding were clarified by an HHS spokesperson this week, but other important details remained unclear.
Moody’s projects cash will be stable for rated hospitals through the summer
Federal assistance programs should stabilize hospital cash through the summer, when Medicare repayments will create major financial pressure.
Why some hospitals won’t receive a second round of CARES Act funding
Some hospitals may not qualify for a second round of general CARES Act funding, HHS says.
HHS pays $12 billion to compensate 395 hospitals for ‘high impact’ from COVID-19, and more may come
Nearly 400 hospitals and health systems have received $12 billion in COVID-19 "high impact" grants.
Hospital provisions could end up in the next coronavirus bill passed by Congress
Congress is expected to enact another major coronavirus bill with hospital provisions by early July.
The increased uninsured population and changes in coverage for others requires healthcare finance departments to revise their practices
As a result of unemployment, insurance coverage has changed for millions of Americans, making it more important than ever for healthcare providers to offer financial counseling, community outreach and patient education.
How to plan for and profitably operate telehealth services
The COVID-19 pandemic has opened new opportunities for health systems to expand their use of telehealth services. Implemented properly with careful planning, telehealth can be a strong revenue source going forward.
CARES Act payback problem for some healthcare providers
HFMA is concerned about some providers ability to repay AAP Programs loans because they must repay CMS an average of $1.25 million more than received from the CARES Act Provider Relief Fund.
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.