Slow financial recovery expected for hospitals after COVID-19 pandemic
Industry leaders and advisers expect hospital revenue will not return to pre-pandemic levels this year — regardless of a second coronavirus wave.
COVID-19 Hospital & Health System Survey: The Impact of the Pandemic on Provider Revenues, Elective Procedure Volumes, Telehealth Use, and Working Arrangements
The results of a May 2020 HFMA study about the impacts of COVID-19 and the challenges it has caused in terms of revenue, volume, care delivery, and business operations.
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.
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.
Decline in healthcare spending contributing to economic downturn
HFMA's Chad Mulvany says the nation's economy and the health of its citizens could suffer if regular healthcare services continue to lag due to ongoing public concerns about COVID-19.
CMS’s second COVID-19 interim final rule further relaxes Medicare regulations
HFMA's Chad Mulvany provides details on key provisions of CMS's second COVID-19 interim final rule.
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.
Telehealth’s impact on clinic staffing models post-COVID-19
HFMA's Chad Mulvany predicts that if COVID-19 leads to widespread usage of telehealth, post-pandemic it will lead to a rethinking of primary care clinic footprints and staffing models.
Top 5 CMS provisions providing flexibilities to Medicare and Medicaid regulations during the COVID-19 public health emergency
A summary of the top five provisions in the CMS interim final rule issued last week, which provides additional flexibilities to Medicare and Medicaid regulations for the duration of the public health emergency.
Coronavirus bill provides hospitals with $100 billion, other policy wins
Hospitals would garner $100 billion in funding support — as well as some desired policy tweaks — from a pending coronavirus stimulus package.