If such facilities can’t bring in new residents, their business model essentially collapses.
Category: Healthcare Finance News
CMS increases Medicare payment for high-production coronavirus lab tests
The action is being taken to rapidly expand COVID-19 testing, particularly for those with Medicare and in nursing homes.
Life support physicians offer guidance in the context of resource-scarce COVID-19 treatment
When demand outpaces the ability to provide ECMO therapies, physicians should be prepared to determine when and if to offer such support.
More than 9,000 healthcare workers have contracted COVID-19 as of last week, CDC says
CDC warns the data may not reflect the true scope of the problem, as uneven reporting of confirmed cases likely underestimates the impact.
Cigna launches pilot program to address loneliness during COVID-19
The population health initiative for Medicare Advantage members is a personal check-in on health and well-being and any food, housing or transportation issues.
COVID-19 pandemic could result in permanent governance changes at hospitals
CEOs may keep their purchasing power and hospitals could see the increased use of telehealth stick around after the coronavirus is gone.
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.
