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.
New ‘terms and conditions’ added for providers accepting latest round of CARES funding
Hospitals will have additional terms and conditions with which to comply if they accept a share of $20 billion in new federal assistance.
Mandatory bundled payment program for joint replacement makes changes to accommodate hospitals during COVID-19
Medicare’s largest mandatory bundled payment program is striving to adapt to the unique challenges the coronavirus has created for its hospital participants.
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.
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.
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.
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.