Financial Reporting

CMS finalizes requirement for hospitals to report MA plan rates

Rich Daly September 3, 2020

What’s new in the CARES Act Provider Relief Fund FAQs as of Aug. 17

HHS failed Aug. 17 to release guidance providers need to file reports for lost revenue and increased expenses amid COVID-19; HFMA will continue to monitor its website.

Chad Mulvany, FHFMA August 25, 2020

Looking beyond CMS: How to accelerate the transition to value in healthcare

HFMA's Chad Mulvany summarizes a blog on actions CMS and Congress can take to transition providers to capitated and other risk-bearing payment models.

Chad Mulvany, FHFMA August 24, 2020

HHS updates COVID-19 payment and reporting requirements

Hospitals will need to meet testing requirements after Sept. 1 to receive future Medicare payment increases for treating COVID-19 patients.

Rich Daly August 21, 2020

CARES Act Provider Relief Fund FAQs undergo another update as of August 14

HFMA's Chad Mulvany recommends healthcare leaders who think their organizations qualify for Phase 2 General Distributions review the FAQs.

Chad Mulvany, FHFMA August 17, 2020

U.S. Department of Health & Human Services updates CARES Act Provider Relief Fund FAQs as of July 30

HHS says the CARES Act Provider Relief Funds need to be used by July 31, 2021, but Chad Mulvany says operationally, funds likely need to be spent by June 30, 2021, so providers can capture expenses and lost revenue in reports due to HHS July 31.

Chad Mulvany, FHFMA August 6, 2020

A scarcity of rural ICU beds means little revenue amid the COVID-19 resurgence

Half of low-income rural areas lack ICU beds, which is depriving hospitals of revenue during ongoing COVID-19 surges.

Rich Daly August 4, 2020

Healthcare consumers want information personalized to their situation from health plans

HFMA's Chad Mulvany says patients and consumers need information that’s relevant to their specific clinical situation and out-of-pocket costs for price and quality information to be meaningful.

Chad Mulvany, FHFMA August 3, 2020

GASB seeks volunteers to participate in ‘field test’ of proposed changes

GASB is seeking volunteer organizations to test new governmental accounting standard rules.

HFMA staff July 31, 2020

Primary care providers are partnering with employers to form an optimal primary care delivery system

HFMA's Katie Gilfillan says the time may be right for a re-orientation of the healthcare system, where hospitals, physician groups and purchasers of care along with payment models are aligned to support a more patient-centric system.

Katie Gilfillan July 30, 2020
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