Financial Reporting

COVID-19 impact on independent primary care physician practices could accelerate the shift to value based payment

Health plans are taking this opportunity to align more closely with independent PCPs, including BCBS of North Carolina, where practices’ acceptance of financial support requires them to join one of health plan’s existing ACOs.

Chad Mulvany, FHFMA June 30, 2020

Possible compromise in hospital price disclosure fight

While the Trump administration prevailed in the first round of the lawsuit challenging its price transparency policy, the American Hospital Association has indicated it will appeal the ruling.

Chad Mulvany, FHFMA June 25, 2020

CARES Act accounting implications will vary by healthcare type

The accounting rules for providers receiving funding through the CARES Act will vary widely by provider type.

Rich Daly June 24, 2020

KPMG’s Ed Giniat provides guidance on financial reporting during the coronavirus crisis

Ed Giniat, a partner at KPMG, discusses the challenges of financial reporting during the coronavirus crisis and the guidance his organization has issued on the topic.

Erika Grotto June 18, 2020

CMS issues reopening guidance to healthcare providers, patients

CMS has offered more reopening guidance for both providers and patients amid indications some patients may not return.

Rich Daly June 12, 2020

Impact of the COVID-19 pandemic impact could cause more hospitals to breach debt covenants

If Congress does not take action to prevent financial penalties for already financially distressed hospitals, another financial hit could be the final blow for many healthcare organizations already feeling the financial impact of the pandemic.

Chuck Alsdurf June 11, 2020

Latest COVID-19 federal assistance only partially targets hospitals

Hospitals will quality for only some of the new provider-assistance funding pools HHS unveiled this week.

HFMA June 10, 2020

Hospital ED visits still down 26% following declines stemming from COVID-19, CDC reports

The CDC found hospital emergency department use remained 26% below normal by the end of May.

Rich Daly June 9, 2020

Safety net hospitals could see increase in payments if CMS updates estimates of uninsured in 2021 IPPS final rule

HFMA's Chad Mulvany explains why a small percentage point increase in the uninsured rate could significantly impact the UC DSH dollars available to safety net hospitals at a time when they are financially struggling due to COVID-19.

Chad Mulvany, FHFMA June 8, 2020

Amid looming deadline, physician practices begin to receive federal coronavirus funding

Long-awaited federal coronavirus support to practices has begun to flow.

Rich Daly June 2, 2020
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