Coronavirus

Latest COVID-19 Surges Impact Hospital Operating Margins

by Jacqueline LaPointe

Hospital operating margins took a hit in November as rates of infection and COVID-19 hospitalizations ticked up yet again across the country, according to the latest National Hospital Flash...

UPDATED: Congress Approves COVID-19 Stimulus, Gives $3B to Provider Relief Fund

by Jacqueline LaPointe

UPDATED at 12/22/2020 Congress has reached an agreement on a $900 billion COVID-19 stimulus package that was passed on Monday evening. But healthcare providers are still concerned about receiving...

AMA Creates CPT Codes for AstraZeneca’s COVID-19 Vaccine

by Jacqueline LaPointe

In anticipation of an emergency use authorization from the Food and Drug Administration (FDA), the American Medical Association (AMA) has created Current Procedural Terminology (CPT) codes for...

Year in Review: Most Read Revenue Cycle Management Stories of 2020

by Jacqueline LaPointe

2020 will go down in history as one of the most challenging years for healthcare providers. From battling a pandemic caused by a novel virus to halting all non-emergent services at the expense of the...

HHS Doles Out $24.5B in Latest Provider Relief Fund Distribution

by Jacqueline LaPointe

HHS, through the Health Resources and Services Administration (HRSA), has completed review of Phase 3 Provider Relief Fund applications and will start distributing payments to over 70,000...

Key Considerations for COVID-19 Vaccine Billing and Coding

by Jacqueline LaPointe

For many providers, the end of the pandemic is in sight with the recent emergency use authorization of a COVID-19 vaccine. And while this may be true, it is just the start of a COVID-19 vaccine billing...

Providers, Lawmakers Say #StopTheCuts to Physician Fee Schedule

by Jacqueline LaPointe

With payment reductions looming for many providers paid under the Medicare Physician Fee Schedule, hundreds of medical organizations and lawmakers are pushing Congress to stop rate cuts finalized in...

US Healthcare Spending Declines from COVID-19, But Remains High

by Jacqueline LaPointe

Healthcare spending in the US is declining for the first time in years because of the unprecedented COVID-19 pandemic, according to a new report from the Peterson-KFF Health System...

Healthcare Facilities Implement PPE Crisis Standards of Care

by Jacqueline LaPointe

A survey of over 1,000 infection preventionists found that most healthcare facilities are implementing crisis standards of care when it comes to using personal protective equipment during the ongoing...

Bipartisan COVID-19 Relief Bill Would Add to Provider Relief Fund

by Jacqueline LaPointe

A group of bipartisan policymakers has released details on a $908 billion COVID-19 relief bill that would provide more financial support for healthcare providers. According to a summary framework...

Primary Care Spending Declining Despite Well-Known Health Benefits

by Jacqueline LaPointe

Primary care’s already low share of national healthcare spending is getting smaller, according to a new analysis of tens of billions of private healthcare claims. The analysis conducted by the...

CMS Provides Billing Codes for Regeneron’s COVID-19 Antibody Drug

by Jacqueline LaPointe

CMS has released Medicare billing codes for a new COVID-19 antibody drug recently approved by the FDA. Healthcare providers are now able to use the Healthcare Common Procedural Coding System (HCPCS)...

Provider Groups Update Guidance on Maintaining Surgery Amid COVID-19

by Jacqueline LaPointe

Four of the healthcare industry’s leading associations have revamped guidance on maintaining essential surgery as the number of COVID-19 hospitalizations surges across the country again. The...

Hospital Margins, Volumes Still Falling Months into Pandemic

by Jacqueline LaPointe

October was a challenging month for hospitals, according to healthcare consulting firm Kaufman Hall. The firm’s latest National Hospital Flash Report found that hospital operating margins fell...

Payers, Providers Need Data to Talk Value-Based Care

by Jacqueline LaPointe

The definition of value is evolving, and so are the capabilities needed to support the transition to value-based care, industry experts recently shared at Xtelligent Healthcare Media’s...

CMS Hospital At Home Model Seeks to Boost Capacity During COVID-19

by Jacqueline LaPointe

As many hospitals near capacity during another surge of COVID-19, CMS is allowing some healthcare providers to participate in a new hospital at home program that allows them to deliver acute care...

New ICD-10 Codes, MS-DRG Assignments for COVID-19 Coming Jan. 1

by Jacqueline LaPointe

Come January 1, 2021, CMS will implement 21 new ICD-10 procedure codes for COVID-19 vaccines and therapeutics for the novel coronavirus, including baricitinib and monoclonal antibody treatments. The...

Medical Billing a Challenge for Struggling Primary Care Practices

by Jacqueline LaPointe

Medical billing is a major challenge for primary care practices already struggling to stay afloat during the COVID-19 pandemic, according to a new survey of nearly 1,500 primary care clinicians. The...

HHS Clarifies Debated Provider Relief Fund Reporting Requirements

by Jacqueline LaPointe

HHS is addressing Provider Relief Fund reporting requirements that have left recipients questioning how they can spend the financial aid from the federal government. The federal department clarified...

3 Ways Health Systems Are Preparing for a COVID-19 Vaccine

by Jacqueline LaPointe

With an emergency use authorization just around the corner for a COVID-19 vaccine, health systems are preparing to receive and manage the drug to stop the spread of the novel coronavirus. But most...