How hospitals can preserve cash amid rising costs, crashing revenues brought on by 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.
Rural hospital finances hit hard by looming threat of COVID-19 as leaders scramble to preserve cash
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.
Key hospital provisions and some questions requiring resolution from the CARES Act
Summary of the top five CARES Act provisions impacting hospital finances and the open questions associated with those provisions.
What employees need from their leaders during the coronavirus crisis
As healthcare organizations navigate a high-stress period, leaders can serve as much-needed bulwarks if they take the right approach.
4 actions to provide a better billing experience for patients with coronavirus
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.
With the coronavirus, contingency planning takes on greater importance for healthcare supply chain professionals
A risk management expert with a leading healthcare consultancy says hospital supply chain professionals should monitor deviations and consider how to respond to them.
HFMA recommended coronavirus resources
The coronavirus is affecting the healthcare industry in unprecedented ways, and HFMA wants to help you stay up to date on the latest news about the outbreak. Come back to this page regularly for coronavirus resources, selected specifically for healthcare finance professionals, including Medicare information on regulations and guidelines, COVID-19 test pricing, COVID-19 coding, telehealth billing FAQs and more.
CMS's latest guidance for healthcare organizations on the new coronavirus
The HFMA editorial team will continuously post the latest announcements from the Centers for Medicare & Medicaid Services (CMS) related to the COVID-19 outbreak.
Healthcare associations band together to offer coronavirus resources
To help you better manage the evolving nature of COVID-19, these associations are collaborating closely to provide the healthcare field with our best resources available.
15 New CMS cash opportunities for providers
CMS is issuing more billing and payment updates at a faster pace than providers have ever experienced. This "quick update" session will outline 15 new revenue producing services and/or specific codes to be charged and billed for additional reimbursement.
Privacy and security risks for providers related to COVID-19 pandemic
As hospitals, health systems and physician groups respond to the COVID-19 pandemic new privacy and security issues emerge. Providers have increased the use of telehealth services, engaged with patients through new mediums, substantially expanded remote work, and welcomed many temporary health workers into their organizations. While the priority remains on responding to the pandemic, providers must ensure that proper safeguards are in place. Join this webinar relaying legal aspects of privacy and security, potential financial implications related to penalties and costs, and safeguards that should be in place now and post COVID-19 pandemic.