The increased uninsured population and changes in coverage for others requires healthcare finance departments to revise their practices
As a result of unemployment, insurance coverage has changed for millions of Americans, making it more important than ever for healthcare providers to offer financial counseling, community outreach and patient education.
CARES Act payback problem for some healthcare providers
HFMA is concerned about some providers ability to repay AAP Programs loans because they must repay CMS an average of $1.25 million more than received from the CARES Act Provider Relief Fund.
Questions remain on HRSA’s FAQs on billing uninsured COVID-19 claims
HFMA's Chad Mulvany says it's unclear whether IME and DSH payments are included in the "Medicare rates" that HRSA will pay hospitals for treating COVID-19 uninsured patients.
And so begins the scrutiny of CARES Act General Fund distributions to hospitals and health systems
HFMA's Chad Mulvany says healthcare providers should keep good records as Health & Human Services' guidance on what data should be supplied in return for CARES Act payments is vague at best.
Possible ‘silver lining’ for rural hospitals seen in attention generated by COVID-19
The COVID-19 pandemic creates an opportunity to focus attention on the fragility of rural hospitals, which may be able to secure needed support as a result.
Key considerations for revenue cycle teams to optimize coding and maximize revenue during COVID-19
Providers should make sure they fully understand various COVID-19 codes that can enhance payment from CMS and serve as important claims data.
CMS’s second COVID-19 interim final rule further relaxes Medicare regulations
HFMA's Chad Mulvany provides details on key provisions of CMS's second COVID-19 interim final rule.
How hospitals should capture COVID-19 costs to maximize grants from FEMA, CARES Act
To ensure their organizations get a fair share of the billions of dollars in reimbursement and grants available to healthcare providers during COVID-19, finance leaders need a plan for accurately capturing costs.
Yes Virginia, there is a cost shift: Hospitals with higher occupancy rates due to COVID-19 provide more evidence
HFMA's Chad Mulvany says that even though the COVID-19 pandemic is a unique circumstance, emerging margin data from hospitals in the Northeast provide additional evidence in support of the cost shift.
The large print giveth: HHS provides more details on its plans to distribute the initial $100 billion from the CARES Act
HFMA's Chad Mulvany says healthcare providers will want to make sure they’re enrolled in the program to cover claims for uninsured patients with COVID-19.