FinanceCMS Releases Data for COVID-19 Hospitalization Payments, Patient Discharge Status
The average Medicare payment per fee-for-service was $23,094. The data reported by CMS also includes a range of payments for...
FinanceCareMount CFO Says COVID-19 Threw a 'Wrench' in Next-Gen ACO Plans
Kevin Conroy, CFO and chief population health officer at CareMount Medical, is encouraged by CMS's decision to extend its Next...
Finance40% of Providers at Risk of Closure Due to Financial Implications of COVID-19
Definitive Healthcare also found that at-risk organizations have laid off non-essential staff at twice the rate of those not at...
FinanceQuorum Health Receives Bankruptcy Approval, Expects to Emerge in July
The Brentwood, Tennessee-based hospital operator will reduce its debt by around $500 million.
FinanceJuly NCCI Update Adds Sky-high MUE Values for Core E/M Services
Providers should note that CMS did not restore the 29,000 NCCI edits that were deleted by the previous April 7...
FinanceCHS to Sell Florida Hospital to Orlando Health
Bayfront is one of several hospitals that CHS said it would sell as part of a years-long effort to shed...
FinanceS&P Expects Lower Funded Ratios for Nonprofit Healthcare Pension Plans in FY 2020
The ratings agency found that the median funded status of defined benefit plans fell from 84% in fiscal year 2019...
FinanceUnderstand Virtual Services Billable During the COVID-19 Public Health Emergency
When considering providing virtual services during the PHE, hospitals should carefully consider new reimbursement mechanisms to ensure compliance.
FinanceMedscape: Half of Physicians Have a Net Worth of Less Than $1M
A new report from Medscape indicated that the dynamic may change due to the COVID-19 pandemic.
FinanceHospitals See 'First Signs' of Financial Recovery
One month after margins fell 174%, hospitals have begun to experience the first glimpses of positive financial metrics.
FinanceNew FAQs Address Provider-based Department Billing, Relocation Requests
If a hospital relocated a PBD to a patient's home during the PHE and then must relocate a PBD to...
FinanceMedical Cost Trend Could Hit 10% in 2021
One upshot for provider organizations is that it will be crucial to build out virtual mental health care options and...