Annual Conference Day 3: Former VA Secretary David Shulkin explains what the healthcare industry can learn from a government agency
At HFMA’s Annual Conference, David Shulkin, former secretary of the Department of Veterans Affairs, explained why some of the VA’s strategies would serve the healthcare industry well if implemented in the private sector.
With substantial Medicare payment cuts pending, medical groups call for Congress to act
Payment cuts scheduled for 2022 would amount to a 9.75% reduction in Medicare revenue for medical groups, which are calling on Congress to pass legislation to stop the cuts.
Latest financial metrics indicate continuing challenges for hospitals
As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.
The Provider Relief Fund portal is now open: Providers can successfully navigate the PRF reporting process with these tips
Best practices can help providers navigate the Provider Relief Fund reporting process and related audit requirements.
Congress opts not to use Provider Relief Fund allocations as an infrastructure funding source
Earlier reports indicated that Provider Relief Fund money would be used to help pay for the pending bipartisan infrastructure bill, but the legislative text includes no such language.
HHS extends Provider Relief Fund use and reporting as healthcare providers continue to navigate COVID-19 impacts
The U.S. Department of Health and Human Services recently announced updates to the Provider Relief Fund, including staggering provider deadlines to spend funds.
Healthcare News of Note: Federal bailout money helped some of the nation’s wealthier hospitals prosper despite COVID-19
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including wealthier hospitals prospering despite COVID-19, oncologists seeing more new advanced-stage cancer patients and the burden of prior authorizations during COVID.
HHS issues various updates to Provider Relief Fund FAQs
HHS updated its 60-page list of FAQs for recipients of Provider Relief Fund payments.
40% of hospitals reconsidering traditional budgeting amid pandemic: HFMA poll
A n October 2020 HFMA survey, by Strata Decision Technology, found that the COVID-19 pandemic prompted many U.S. hospitals to consider moving from a traditional budgeting process to rolling forecasting, with one in five already having made the move.
Financial Analytics Leadership Council members share 5 challenges, responses to pandemic’s financial long haul
Financial leaders discuss how the pandemic has impacted revenue, volume and expenses, which has thus created a need for data and analytics.