How Scripps Health used demand modeling to prepare for the pandemic’s uncertainties
Two executives from San Diego-based Scripps Heath discuss how the health system has employed emerging demand modeling techniques to realize the full power of rolling forecasting during the unprecedented times of the COVID-19 pandemic.
Healthcare News of Note: Hospitals await disbursement of remaining COVID-19 relief funds
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including hospitals waiting on COVID-19 relief funds, HHS postponing implementation of the SUNSET rule and confirmation of a new HHS assistant secretary for health who is the first openly transgender person to be confirmed for a position by the Senate.
Navigating the unimaginable: A COVID-19 panel discussion with senior financial executives
A panel discussion with three CFOs of different health systems and hospitals focuses on the COVID-19 pandemic’s impact on operational priorities and strategic directions.
How one hospital relied on sound business and finance processes as the foundation of its cultural transformation initiative
One key to the success of Bergen New Bridge Medical Center’s cultural transformation was an accompanying focus on business and finance strategy, two leaders said during a presentation at HFMA’s Digital Annual Conference.
HHS postpones deadline for hospitals to comply with Provider Relief Fund reporting requirements
With new legislation having modified the rules governing the reporting of Provider Relief Fund payments, HHS has indefinitely postponed the Feb. 15 reporting deadline.
HHS Provider Relief Fund clarifications provide much-needed information
Several clarifications related to the treatment of depreciation, expenses for stockpiling PPE and revenue to the HHS Provider Relief Fund (PRF) FAQs were released Nov. 18 by the U.S. Department of Health & Human Services.
HHS Provider Relief Fund updates include clarifications, confirmations and redefinitions
HFMA's Chad Mulvany says while HHS’s reinterpretations and additional clarifications are generally much appreciated, there are a number of additional items that HHS needs to address.
Provider Relief Fund update: HHS drops requirement for providers to net attributable expenses
The latest change to Provider Relief Fund reporting requirements may allow providers to retain more federal COVID-19 assistance grants thanks to tweaked definitions around lost revenue..
Hospitals predict significant shifts in payer mix, revenue cycle operations post pandemic
In an HFMA conducted survey, 151 healthcare leaders answered questions about their projections for payer mix, consumer and employee experience strategies, revenue cycle IT budgets, electronic health record satisfaction and price transparency preparedness.
In partial win for providers, HHS revises COVID-19 grant reporting
HHS revised guidance affecting $100 billion in Provider Relief Fund grants after pushback from providers.