California providers scrambling amid fires, heat waves, COVID-19 — and now blackouts
California providers are struggling with challenges from fires, heat waves, power outages and a COVID-19 spike.
What’s new in the CARES Act Provider Relief Fund FAQs as of Aug. 17
HHS failed Aug. 17 to release guidance providers need to file reports for lost revenue and increased expenses amid COVID-19; HFMA will continue to monitor its website.
HHS updates COVID-19 payment and reporting requirements
Hospitals will need to meet testing requirements after Sept. 1 to receive future Medicare payment increases for treating COVID-19 patients.
COVID-19 hospitalizations fall to 24% below their latest peak, HHS says
The latest COVID-19 surge appears over, as positive rates and hospitalizations are declining nationally, says the Department of Health and Human Services.
Healthcare leaders must take multitasking to an enterprisewide level
The extent to which hospital and health system executive teams can multitask will be a determining factor in whether these organizations will succeed in continuing to manage the ongoing operational and financial threats from the COVID-19 pandemic.
5 factors that will make the next recession different from 2008
Hospitals came through the Great Recession relatively unscathed, but a future recession would likely pose much more severe challenges. It therefore would be prudent for hospitals to act now to protect themselves against future market distress.
Proposed CY 2021 Medicare Physician Fee Schedule changes: Analysis of impact on telehealth flexibilities and E/M coding
HFMA's Katie Gilfillan says the E/M coding changes taking place January 1, 2021, will have significant impacts not only to primary care physicians but also will have significant impact on specialist’s reimbursement.
CARES Act Provider Relief Fund FAQs undergo another update as of August 14
HFMA's Chad Mulvany recommends healthcare leaders who think their organizations qualify for Phase 2 General Distributions review the FAQs.
More independent physician practices likely to seek partners in the coming months due to financial issues caused by COVID-19
HFMA's Chad Mulvany says given the limited days cash on hand independent physician practices report having, it is likely practices will start seeking partners in the coming months, if they haven’t already.
Critical access hospitals will avoid Medicare cuts stemming from Paycheck Protection Program loans, Verma says
CMS does not intend for PPP loans to factor into Medicare payments to rural providers, the agency’s administrator recently clarified.