News

With 40% of COVID deaths, post-acute care sites get funding, scrutiny

COVID-19 focus and assistance increasingly have been turning to post-acute care providers.

Rich Daly May 26, 2020

Federal payments for care of uninsured COVID-19 patients to go out in mid-May

Hospitals that have tested or treated uninsured patients for COVID-19 can start receiving federal payments as soon as mid-May.

Rich Daly May 26, 2020

New rule aims to sustain Medicare ACOs in wake of COVID-19

A new Medicare rule aims to ease the financial challenges COVID-19 has created for accountable care organizations.

Rich Daly May 26, 2020

HHS identifies limits on clawbacks of CARES Act overpayments

HHS will limit reclamation of COVID-19 assistance to amounts higher than related expenses and lost revenues.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020

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.

Rich Daly May 26, 2020
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