Healthcare Finance News

Cost of COVID-19 cases likely to eclipse relief measures

Hospitals and health systems need to develop a well-informed plan of action to deal the the short-term and long-term financial impacts of COVID-19.

Eric C. Reese, PhD April 29, 2020

Online community value is apparent amid the COVID-19 outbreak

There has been a surge of activity in HFMA's Community groups since the onset of the COVID-19 pandemic, as HFMA members seek to share insights with their peers to help them respond to the crisis.

Melanie Binder April 29, 2020

Medicare suspends COVID-19 advance payments for Part B providers

Medicare has suspended access to advance payments for Part B providers during the COVID-19 pandemic.

Rich Daly April 29, 2020

CRCR certifications surge with Enterprise Membership

Change Health has encourage staff on its provider account management team to obtain HFMA's CRCR certification, with the result that the number of staff members who have achieved the certification has skyrocketed.

Eric C. Reese, PhD April 27, 2020

Congress approves $75 billion in additional COVID-19 relief for providers

President Trump signed legislation April 24 to add $75 billion to provider relief related to the effects of the coronavirus.

Rich Daly April 24, 2020

Urgent: HHS extends deadline for hospitals to submit data to receive CARES Act funding

To inform how additional CARES Act funds are distributed, HHS is asking all hospitals to provide certain information by 11:59 p.m. PT on Thursday, April 23.

HFMA April 23, 2020

April 23 deadline looms for hospitals in ‘high-impact’ COVID-19 areas to provide information to receive CARES Act funds

Hospitals hit by COVID-19 cases face a tight deadline to let HHS know they are interested in new funding that will be distributed next week.

Rich Daly April 23, 2020

Increased Medicare payments for COVID-19 care to stretch back to late January

Medicare will pay add-on bonuses for hospitals' patients treated with COVID-19 as far back as late January, says CMS.

Rich Daly April 21, 2020

CARES Act funding ‘terms and conditions’ raise concerns among hospital advocates

Advisers are warning hospitals that the terms and conditions of CARES Act assistance are vague, contradictory and need to be reviewed by legal counsel.

Rich Daly April 20, 2020

The COVID-19 impact on the revenue cycle for hospitals and other healthcare providers

Hospitals and other providers should be prepared for the impact of COVID-19 on various aspects of the revenue cycle, including billing and coding, patient financial responsibility and resources.

Matthew Hutt, CPA, CGMA April 16, 2020
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