Spillover effects of COVID-19 portend growing challenge for hospitals
Far more attention has been paid to the direct effects of COVID-19 on the healthcare system, including on hospitals, than to its indirect effects on hospitals, which include the impact on care other than COVID-19-related care.
COVID-19-induced revenue issues and staffing challenges causing some PCP practices to close their doors
HFMA's Chad Mulvany says if Congress passes another COVID-19 relief bill, which includes an additional PRF appropriation, it will address the PCP’s short-term financial issues, but will not solve staffing issues.
HHS Provider Relief Fund clarifications provide much-needed information
Several clarifications related to the treatment of depreciation, expenses for stockpiling PPE and revenue to the HHS Provider Relief Fund (PRF) FAQs were released Nov. 18 by the U.S. Department of Health & Human Services.
3 steps for executing an effective consumer-driven physician strategy
Physicians and health systems (including hospitals) that collaborate continuously on improving the consumer experience and bringing decisions as close to the consumer as possible will win in the emerging post-COVID-19 world.
How hospitals’ labor cost responses to the COVID-19 pandemic, differed and what the lessons learned mean for the future
The pandemic forced aggressive hospital cost controls to offset a historic revenue collapse. Labor cost control was key to that response and could see long-term implications.
Hospitals face challenge in finding healthcare’s ‘missing consumer’
The COVID-19 pandemic has accelerated demand for more consumer-friendly services and processes. Hospitals should respond by pursuing coordinated, strategic efforts to give consumers better access, experience, pricing and infrastructure.
Financial Sustainability Report: August 2020
The August 2020 Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders guidance on how to set compensation for physicians in surgical specialty areas and how to pursue a financially sustainable business model for virtual care,
Financial Sustainability Report: June 2020
The June issue of the Financial Sustainability Report, sponsored by Kaufman Hall, provides a broad range of new guidance for healthcare finance leaders on how to adapt and thrive in healthcare’s emerging new world in the aftermath of COVID-19.
Financial Sustainability Report: May 2020
The May issue of the Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders insights that can help them develop long-term solutions for recovering and thriving in the new healthcare landscape that emerges after the COVID-19 pandemic.
Providers urge Congress to act quickly on COVID-19 assistance, value-based payment
Hospitals and other providers are urging the lame-duck Congress to provide more COVID-19 provider relief and to tweak rules for physicians in value-based payment models.