Rich Daly
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Rich Daly
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Hospitals shed 135,000 jobs in April while losing an estimated $51 billion
Hospitals shed 3% of their workforce in April as the coronavirus and related government policies led to an estimated $51 billion revenue loss.
Some hospitals pursue coronavirus assistance through FEMA — the ‘payer of last resort’
Hospitals are seeking FEMA funding to cover expenses incurred as part of their coronavirus responses.
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.
New hospital price transparency requirements included in IPPS proposed rule
CMS wants hospitals to start reporting median health plan payment rates and may use the information to help determine Medicare rate changes.
Rural hospitals get financial assistance as COVID-19 exacerbates their struggles
The federal government has begun to release financial assistance targeted to rural hospitals as they struggle with cash shortfalls amid the shutdown of elective procedures.