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.
Hospital provisions could end up in the next coronavirus bill passed by Congress
Congress is expected to enact another major coronavirus bill with hospital provisions by early July.
The increased uninsured population and changes in coverage for others requires healthcare finance departments to revise their practices
As a result of unemployment, insurance coverage has changed for millions of Americans, making it more important than ever for healthcare providers to offer financial counseling, community outreach and patient education.
CARES Act payback problem for some healthcare providers
HFMA is concerned about some providers ability to repay AAP Programs loans because they must repay CMS an average of $1.25 million more than received from the CARES Act Provider Relief Fund.
CMS seeks healthcare provider comments on possible new methodology to calculate MS-DRG weights
HFMA's Chad Mulvany reviews possible technical and legal challenges CMS may face as it proposes to collect provider pricing data.
Strong financial leadership is likely key to the success of accountable communities for health
HFMA's Katie Gilfillan says strong financial leadership is required to manage and source the complex funding and ensure the long-term financial sustainability of accountable communities for health.
Questions remain on HRSA’s FAQs on billing uninsured COVID-19 claims
HFMA's Chad Mulvany says it's unclear whether IME and DSH payments are included in the "Medicare rates" that HRSA will pay hospitals for treating COVID-19 uninsured patients.
New hospital price transparency requirements included in IPPS proposed rule
CMS wants hospitals to start reporting median health plan payment rates and may use the information to help determine Medicare rate changes.
Key considerations for revenue cycle teams to optimize coding and maximize revenue during COVID-19
Providers should make sure they fully understand various COVID-19 codes that can enhance payment from CMS and serve as important claims data.
Rural hospitals get financial assistance as COVID-19 exacerbates their struggles
The federal government has begun to release financial assistance targeted to rural hospitals as they struggle with cash shortfalls amid the shutdown of elective procedures.