Why it’s so important for healthcare providers to discuss cost and payments with patients
The patient financial conversation is more important than ever in a time of COVID-19.
Congress may not provide a surprise bill fix prior to the election, but patients may find HFMA’s consumer guide useful
Given Congress is unlikely to provide a surprise bill fix prior to the election, Chad Mulvany suggests hospitals provide patients with HFMA's consumer guide on avoiding surprise bills to learn what questions to ask prior to any scheduled services.
Senate’s COVID-19 bill disappoints hospitals
Hospitals were frustrated proposed hospital funding levels and tweaks to Medicare advance payments as proposed in Senate Republicans’ new COVID-19-relief bills.
Everything you wanted to know about the CARES Act Provider Relief Funds but HHS wouldn’t answer until July 23
HHS made an important distinction when it clarified that while general distribution funds can be reallocated to providers under common corporate ownership, targeted distributions must remain with the provider who received them.
Trump administration extends public health emergency to October
The federal public health emergency stemming from the COVID-19 pandemic was extended by 90 days to late October.
Hospitals with health plans have gotten a financial boost during the pandemic
Hospitals with provider-sponsored health plans have obtained a financial cushion to offset the steep losses from the coronavirus pandemic on the provider side.
How healthcare providers can help the 5.4 million people that have lost insurance
HFMA's Chad Mulvany says healthcare providers adherence to HFMA's medical accounts receivable resolution best practices can help them increase cash balance yields, avoid negative publicity and treat patients the right way.
As the COVID-19 situation improves in Maryland, hospitals not immune to losses
Maryland hospitals suffered COVID-19 volume losses, but they say the state’s unique all-payer rate-setting system mitigated the situation to a degree.
Everything you wanted to know about the CARES Act PRF but HHS was afraid to answer through July 16
HFMA's Chad Mulvany says taxing for-profit providers’ PRF funding seems counterproductive, counterintuitive and counter to Congress’s intention, and could particularly hurt independent physician practices.
Hospitals need integration and automation for value continuity through the COVID-19 crisis
As hospitals contend with the challenges posed by COVID-19, their future success may depend on the extent to which they are embracing new technologies and systems to bring higher levels of automation to business processes.