CEOs may keep their purchasing power and hospitals could see the increased use of telehealth stick around after the coronavirus is gone.
Category: Healthcare Finance News
More than half of ACOs likely to leave Medicare Shared Savings program
NAACOS and MedPAC urge Centers for Medicare and Medicaid Services not to not use 2020 performance data in payments.
Department of Health and Human Services announces ventilator contracts, immunotherapy development for COVID-19 patients
The five new ventilator contracts are expected to ramp up production, while immunotherapy development could help in coronavirus treatment.
To weather long-term changes to healthcare due to COVID-19, CFOs need an action plan
Having rolling budget forecasting, following coding guidelines and anticipating patient behavior changes will help with the coronavirus aftermath.
Hospitals are receiving $30 billion in CARES Act funding by direct deposit
HHS has partnered with UnitedHealth Group to provide the rapid payment via Optum Bank and the Automated Clearing House account information on file.
CMS expands coverage for essential diagnostic services amid COVID-19 pandemic
The guidance is meant to remove financial barriers for receiving coronavirus tests and health services and encourage antibody testing.
Moody’s: Coronavirus stimulus will less economic pain, but credit climate will remain difficult
The funding is unlikely to fully compensate providers for the revenue hit caused by cancelled elective surgeries and by labor and PPE costs.
Surgeons develop operation-triage plan to reduce OR volume during COVID-19 pandemic
Actions included reducing operating room volume by 80% to ensure adequate capacity to care for an anticipated influx of coronavirus patients.
COVID-19 costs could reach $556 billion over two years
For each person admitted into intensive care, costs, on average, could exceed $30,000, according to an AHIP study.
Doctors, nurses may be suffering from skin damage due to face masks as coronavirus rages
After so many hours wearing this form of personal protective equipment, skin can tear, increasing the likelihood of infection.
