COVID-19

The need to preserve cash is becoming more acute amid plummeting revenues and rising costs. Leaders and industry consultants are getting creative in search of solutions.

Although most healthcare providers are likely to take a financial hit from the coronavirus pandemic, rural hospitals are especially vulnerable and are scrambling to preserve cash.

Summary of the top five CARES Act provisions impacting hospital finances and the open questions associated with those provisions.

As healthcare organizations navigate a high-stress period, leaders can serve as much-needed bulwarks if they take the right approach.

Healthcare leaders who feel overwhelmed by the ever-changing coronavirus situation should not forget to ensure patients have a good financial experience in the organization.

A risk management expert with a leading healthcare consultancy says hospital supply chain professionals should monitor deviations and consider how to respond to them.