Federal payments for care of uninsured COVID-19 patients to go out in mid-May
Hospitals that have tested or treated uninsured patients for COVID-19 can start receiving federal payments as soon as mid-May.
New rule aims to sustain Medicare ACOs in wake of COVID-19
A new Medicare rule aims to ease the financial challenges COVID-19 has created for accountable care organizations.
HHS identifies limits on clawbacks of CARES Act overpayments
HHS will limit reclamation of COVID-19 assistance to amounts higher than related expenses and lost revenues.
Hospitals shed 135,000 jobs in April while losing an estimated $51 billion
Hospitals shed 3% of their workforce in April as the coronavirus and related government policies led to an estimated $51 billion revenue loss.
Some hospitals pursue coronavirus assistance through FEMA — the ‘payer of last resort’
Hospitals are seeking FEMA funding to cover expenses incurred as part of their coronavirus responses.
After patient volume collapsed amid the coronavirus pandemic, some see signs of recovery
Hospitals faced steep patient volume declines in March and April, but signs indicate levels could be recovering as elective procedures resume.
HHS offers providers some clarification on CARES Act funding
Some details of CARES Act funding were clarified by an HHS spokesperson this week, but other important details remained unclear.
Moody’s projects cash will be stable for rated hospitals through the summer
Federal assistance programs should stabilize hospital cash through the summer, when Medicare repayments will create major financial pressure.
Why some hospitals won’t receive a second round of CARES Act funding
Some hospitals may not qualify for a second round of general CARES Act funding, HHS says.
HHS pays $12 billion to compensate 395 hospitals for ‘high impact’ from COVID-19, and more may come
Nearly 400 hospitals and health systems have received $12 billion in COVID-19 "high impact" grants.