Epidemiologists have identified those with chronic medical conditions as one of the key groups at risk of poor outcomes from the coronavirus.
Category: Healthcare Finance News
Hospitals could close without immediate financial relief
The coronavirus is causing hospitals to ramp up for a surge of cases while having to give up elective procedures that sustain their revenue.
COVID-19 survey shows 85% of primary care practices lack personal protection equipment and tests
Physician are frustrated at not having what they need and concerned that they could have been exposed and are infecting patients without knowing it.
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How is the coronavirus pandemic affecting you?
Nonprofit healthcare sector sees negative financial outlook due to COVID-19; positive outlook expected for pharma
Because there’s such a high level of uncertainty, the risk of a more severe economic impact is elevated and expenses will rise.
Scipher Medicine has developed a blood test expected to save payers billions each year
Optum Ventures has invested $25 million, joining others betting on how the company’ could show how proteins influence disease.
Retrospective denials, prior authorization may be straining hospital and patient finances
While not all insurers may be aware of it, prior authorizations can have detrimental downstream financial effects for hospitals and health systems
CMS issues recommendations on adult elective surgeries, non-essential procedures during COVID-19
Healthcare providers should encourage patients to remain home unless there is an emergency to protect others and limit their exposure.
President Trump to invoke Defense Production Act
The Department of Defense is releasing up to 2,000 ventilators and is making available up to 5 million N95 face masks from reserves.
Most health insurance enrollees don’t understand how their coverage works for COVID-19 coronavirus
At the same time, 64% say they could not afford to pay out their full annual deductible if hospitalized for treatment of the coronavirus.
