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.
5 steps for developing a strong investor relations strategy
Healthcare organizations should adhere to best practices in investor relations by pursuing a strategy that builds and maintains trust through routine, clear communication of key organizational objectives, priorities, strategic initiatives and strengths.
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.
Increased Medicare payments for COVID-19 care to stretch back to late January
Medicare will pay add-on bonuses for hospitals' patients treated with COVID-19 as far back as late January, says CMS.
CARES Act funding ‘terms and conditions’ raise concerns among hospital advocates
Advisers are warning hospitals that the terms and conditions of CARES Act assistance are vague, contradictory and need to be reviewed by legal counsel.
COVID-19’s impact on healthcare purchasers’ balance sheets will drive cost reduction efforts after the pandemic
HFMA's Chad Mulvany anticipates a combination of efforts to reduce the growth in per unit prices of healthcare and to reduce the total cost of care on the healthcare delivery system side after the pandemic.
Practices can qualify for CARES funding even without COVID-19 patients, HHS says
Practices can qualify for CARES Act grants even if they have no diagnosed or suspected COVID-19 patients.
Some health plans accelerate hospital payments to provide COVID-19 financial help
Some health plans are accelerating payment processing or offering advances to help stabilize hospitals strained by the effects of the ongoing pandemic.