And the small print taketh away: Providers need to stay updated on HHS changes to the CARES Act Provider Relief Fund terms and conditions
HFMA's Chad Mulvany reviews some of the U.S. Department of Health & Human Service's changes to the terms and conditions related to the CARES Act Provider Relief Fund.
Cost of COVID-19 cases likely to eclipse relief measures
Hospitals and health systems need to develop a well-informed plan of action to deal the the short-term and long-term financial impacts of COVID-19.
Online community value is apparent amid the COVID-19 outbreak
There has been a surge of activity in HFMA's Community groups since the onset of the COVID-19 pandemic, as HFMA members seek to share insights with their peers to help them respond to the crisis.
Yes Virginia, there is a cost shift: Hospitals with higher occupancy rates due to COVID-19 provide more evidence
HFMA's Chad Mulvany says that even though the COVID-19 pandemic is a unique circumstance, emerging margin data from hospitals in the Northeast provide additional evidence in support of the cost shift.
Don’t skip the patient conversation when payer coverage for coronavirus is unclear
Whether holding charges or billing, healthcare organizations should be communicating with patients about their financial responsibility.
The large print giveth: HHS provides more details on its plans to distribute the initial $100 billion from the CARES Act
HFMA's Chad Mulvany says healthcare providers will want to make sure they’re enrolled in the program to cover claims for uninsured patients with COVID-19.
CRCR certifications surge with Enterprise Membership
Change Health has encourage staff on its provider account management team to obtain HFMA's CRCR certification, with the result that the number of staff members who have achieved the certification has skyrocketed.
Federal government responds to COVID-19 crisis
The U.S. Congress has responded to the COVID-19 Crisis by enacting three pieces of legislation, as of April 9, that include relief to hospitals.
Patient financial responsibility for COVID-19 treatment: Let’s get it right
Even while hospitals are facing a dire financial situation amid the COVID-19 pandemic, they should adapt their business practices to account for the hardships facing consumers.
Pace of physician practice acquisition by health plans may accelerate post-pandemic
HFMA’s Chad Mulvany says it is likely health plans will have both motive and the wherewithal to acquire physician practices or employ physicians whose practices didn’t have the balance sheet to survive the revenue shock of the COVID-19 pandemic.