Coronavirus

Slow Hospital Visit Recovery Suggests Telehealth Here to Stay

by Jacqueline LaPointe

Hospital visit recovery may be hitting another bump in the road as new consumer research indicates that patients prefer telehealth services and other alternative care options. The new data from...

Breaking from Traditional Healthcare Budgeting During Modern Times

by Jacqueline LaPointe

No one could have predicted the impact COVID-19 would have on 2020, least of all healthcare executives who approved budgets and spending targets months or even a year prior to the outbreak of the novel...

Providers Say They Need More Financial Aid As COVID-19 Cases Rise

by Jacqueline LaPointe

Providers belonging to the American Medical Group Association (AMGA) are citing rising COVID-19 cases as a reason why Congress should pass additional financial assistance. In a letter sent to...

As COVID-19 Surges Again, Hospital Staffing Shortages Worsen

by Jacqueline LaPointe

Hospital staffing shortages are becoming a significant problem again as the number of positive COVID-19 cases continues to increase across the country, according to a new report published in The...

Healthcare Providers Tell Trump to Give Biden COVID-19 Data ASAP

by Jacqueline LaPointe

The healthcare industry’s leading medical associations are urging President Donald Trump to share COVID-19 data and other critical information related to the virus with the Biden transition team...

What Healthcare CFOs Can Expect Under a Biden Presidency

by Jacqueline LaPointe

For many voters, the 2020 presidential election was less about red and blue and more about white, as in the white coat. Healthcare was a dominant issue in the race between the incumbent President Donald J. Trump and Democratic runner Vice...

Providers Overhauling Patient Collections Strategies For COVID-19

by Jacqueline LaPointe

The COVID-19 pandemic has had a significant impact on patient collections strategies, according to a new survey from the Healthcare Financial Management Association (HFMA). In the survey of HFMA...

CMS Details Medicare Payment for New COVID-19 Antibody Drug

by Jacqueline LaPointe

Just a day after the FDA approved the emergency use of a new COVID-19 antibody drug, CMS updated Medicare payment and billing policies to ensure providers have access to the new treatment for...

AMA Updates CPT Code Set to Include COVID-19 Vaccine Codes

by Jacqueline LaPointe

The American Medical Association (AMA) has added several COVID-19 vaccine codes to the Current Procedural Terminology (CPT) code set so providers can report immunizations for the novel...

CDC: 1 in 11 COVID-19 Inpatients Experience a Hospital Readmission

by Jacqueline LaPointe

With the number of positive COVID-19 cases continuing to rise in the US, providers should prepare for the potential for at least 9 percent of patients hospitalized for COVID-19 to experience a hospital...

81% of Physicians Still Providing Fewer In-Person Visits, AMA Finds

by Jacqueline LaPointe

Physician practice viability is under threat as physicians continue to see fewer patients in-person, according to a new report from the American Medical Association (AMA). The report based on findings...

CMS Sets Medicare Reimbursement Rate for COVID-19 Vaccine

by Jacqueline LaPointe

A new interim final rule with comment period ensures Medicare reimbursement for the administration of a COVID-19 vaccine and provider use of innovative treatments for the novel coronavirus. The rule...

After Pushback, HHS Revises Provider Relief Fund Reporting Rules

by Jacqueline LaPointe

HHS is walking back a change it made to Provider Relief Fund reporting rules in September after hospitals and lawmakers warned the change could result in some providers having to return...

Providers Want Congress to Pause Medicare Sequester in 2021, Too

by Jacqueline LaPointe

Major provider groups are asking Congress to extend a congressionally-enacted moratorium on the application of the Medicare sequester cuts into 2021. The American Hospital Association, American...

Intermountain, Sanford Announce Intended Healthcare Merger Deal

by Samantha McGrail

Intermountain Healthcare and Sanford Health have announced a healthcare merger deal to improve access to high value healthcare across the US. Headquartered in Utah, the combined organizations will...

Over 40% of Hospitals Seeing Bad Debt, Uncompensated Care Increase

by Jacqueline LaPointe

A new survey of hospital executives and finance leaders has found that bad debt, uncompensated care, and self-pay patients have all gone up since the start of the pandemic, adding to other revenue and...

Hospitals to See 10% Fewer Total Admissions Than Projected in 2020

by Jacqueline LaPointe

Hospitals could see admissions fall 10 percent below projections for 2020 even though stays and other types of services have rebounded compared to earlier this year, a new report from Kaiser Family...

CMS Reduces Medicare Reimbursement Rate for Some COVID-19 Tests

by Jacqueline LaPointe

CMS will reduce the base Medicare reimbursement rate for COVID-19 tests done by laboratories using high throughput technology, according to a new announcement. The announcement made late last week...