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.
White House appeals for hospitals and health systems to use official COVID-19 portal daily to track PPE needs
HFMA's Todd Nelson says the shortage of personal protective equipment is not going to get better if hospitals and health systems don’t do their part to provide PPE use and shortage data on the U.S. Healthcare COVID-19 portal.
New data analytics hold the key to promoting consumerism in healthcare
Panelists at HFMA’s Digital Annual Conference in August explored how recent advances in data analytics are helping to improve the patient experience of care and advance consumerism in healthcare.
Fewer cancer diagnoses in first weeks of the pandemic imply increased spending on cancer treatment in the future
HFMA's Chad Mulvany says good actuarial support is more important than ever for providers considering entering into risk-based models in response to the pandemic.
HHS reopens applications for COVID-19 provider assistance
Providers that rejected the first round of federal coronavirus grants will have another chance in August to seek some of those funds, as will other categories of providers.