Coronavirus

2% Medicare Sequester Cuts Delayed Through End of 2021

by Jacqueline LaPointe

A two percent cut to Medicare reimbursement will be paused until the end of the year, CMS recently announced. The announcement via the MLN Connects newsletter on April 16th stated that the Medicare...

COVID-19 Spurs Fewer, But Larger Hospital Merger, Acquisition Deals

by Jacqueline LaPointe

Hospital merger and acquisition activity was significantly down in the first quarter of 2021 despite larger-than-average transaction sizes, according to a new report from Kaufman Hall. Hospitals and...

Gender, Racial Disparities in COVID-19 Workforce Stress Levels

by Hannah Nelson

Six months into the COVID-19 pandemic, mothers of color who held clinical care roles at an academic health center expressed the highest rates of stress related to caregiving, productivity, and career...

Healthcare Supply Chain Still Fragile A Year After COVID-19

by Jacqueline LaPointe

A year after the US declared COVID-19 a public health emergency, the healthcare supply chain is still struggling to meet increased demand for personal protective equipment (PPE) and other supplies,...

CMS Starts Recouping Accelerated, Advance Medicare Payments

by Jacqueline LaPointe

CMS has started recouping Medicare payments it fronted to healthcare providers last year during the COVID-19 pandemic. In a recent MLN Matters newsletter, the agency stated that it has begun...

CMS Holding Claims Until Medicare Sequester Decision

by Jacqueline LaPointe

UPDATED 04/16/2021 CMS is temporarily holding claims from providers in anticipation of legislation that will extend the suspension of the 2 percent Medicare sequester, according to a recent...

Physician Practices Want More from Provider Relief Fund

by Jacqueline LaPointe

Future Provider Relief Fund distributions should prioritize allocation to physician practices struggling with the financial consequences of the COVID-19 pandemic, not just hospitals, physician groups...

39% of Hospitals to Operate in Red Despite Vaccine Rollout

by Jacqueline LaPointe

More hospitals will operate in the red in 2021 even with a smooth vaccine rollout and reduced COVID-19 hospitalizations, the American Hospital Association (AHA) reports. An analysis prepared by...

Contactless Payments, Virtual Care Surge To Continue Post-COVID-19

by Hannah Nelson

Healthcare consumerism is on the rise , as patients report the desire to use telehealth and contactless payment options post-COVID-19. However there are disconnects between payer, provider, and...

CMS Boosts Medicare Reimbursement for COVID-19 Vaccinations

by Jacqueline LaPointe

UPDATED 03/16/21 CMS has significantly increased Medicare reimbursements rates for the administration of new COVID-19 vaccines in an effort to accelerate rollout, according to a new...

New Bill Seeks to Extend Medicare Sequester Moratorium

by Jacqueline LaPointe

UPDATED 04/16/2021 A bill is seeking to prevent across-the-board spending cuts triggered by the latest COVID-19 relief package, including the 2 percent Medicare sequester reduction, known as...

Providers Blast Medicare Spending Cuts in COVID Relief Package

by Jacqueline LaPointe

The latest $1.9 trillion COVID-19 relief package includes several provisions advantageous to healthcare providers but will leave them to face significant Medicare spending cuts in the future. Passed...

MA Reimburses 2X Medicare Rate for Some COVID-19 Vaccinations

by Jacqueline LaPointe

Healthcare providers in Massachusetts are getting twice the standard Medicare rate for COVID-19 vaccinations in an effort to accelerate vaccine rollout, according to a recent provider bulletin from the...

AMA: Medicare Sequester Threatens Physician Practice Viability

by Jacqueline LaPointe

As Congress gets ready to pass another COVID-19 stimulus package this week, physicians are once again calling on lawmakers to consider extending the moratorium of the Medicare sequester in a bid to...

Biden Administration Recommits to COVID-19 Reimbursement

by Jacqueline LaPointe

The Biden administration will provide COVID-19 reimbursement to clinicians vaccinating uninsured patients, according to new CMS guidance. The guidance released on Feb. 26, 2021, stated that providers...

CMS: Automatic Exception for MIPS Eligible Clinicians in 2020

by Jacqueline LaPointe

Individual clinicians who must participate in Medicare’s Merit-Based Incentive Payment System (MIPS) for the 2020 performance period will automatically have the extreme and uncontrollable...

COVID-19 Hospital Revenue Losses Could Reach Up to $122B in 2021

by Jacqueline LaPointe

Total hospital revenue will take a significant hit compared to pre-pandemic levels, spelling trouble for ongoing COVID-19 vaccination efforts, according to a new analysis. The analysis prepared by...

Non-Coronavirus Hospital Admissions Drop Again

by Jacqueline LaPointe

Hospitals are facing another setback as non-coronavirus hospital admissions drop yet again after months of recovery, according to a recent analysis. Hospital admissions for reasons other than COVID-19...

Rocky Hospital Financial Performance Suggests Long Road to Recovery

by Jacqueline LaPointe

Hospital financial performance started on a low note in 2021, with margins, volumes, and outpatient revenues all below prior year performance in January, according to the latest data from healthcare...

Medicare FFS Utilization Declined Across the Board During COVID-19

by Jacqueline LaPointe

As communities implemented shelter-in-place orders and medical providers closed their doors in the spring of 2020, older adults did not seek medical care, leading to a dramatic reduction in Medicare...