Many hospitals will not be able to survive the damage to their cash flow for longer than 60-90 days, report says.
Category: Healthcare Finance News
Potential COVID-19 drugs see flood of demand, prompting Vizient to recommend government action
The recommendations center on redirecting the supply of the drugs from retail pharmacy settings to the hospital/acute care environment.
Health and Human Services announces $250 million in grants to provide meals for older adults
The need for these services has increased as community measures to slow transmission of COVID-19 has closed meal sites.
HHS Awards $100 million to health centers for COVID-19 response
The money may be spent on telehealth, screening and testing or acquiring medical supplies such as personal protection equipment.
Homeless people receive less treatment in hospitals for heart attacks, have higher readmission rates
This is concerning for providers, whose reimbursement is increasingly tied to the 30-day readmissions metric.
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What insurers are covering during the COVID-19 pandemic
Hospitals can transfer patients that are COVID negative to post-acute care facilities without advanced prior authorization approval, AHIP’s Board of Directors says.
Better data sharing between payers, providers can move the needle on social determinants of health
More robust SDOH data is not only a care quality consideration, but a business consideration as payers, providers seek a whole-person view.
CMS relaxes hospital, nursing home inspections
On-site inspections will continue at certain facilities, such as the Life Care Center in Kirkland, Washington, where 26 residents died.
For payers, patients and employees, coronavirus spending could exceed $20,000 for the most serious cases
Since all of the estimates are based on pneumonia, it’s likely that costs will be even higher during the coronavirus outbreak.
