1-in-5 Docs Report COVID-19-related Pay Cuts, Furloughs

John Commins, April 22, 2020

Less than 40% of physicians said they were treating COVID-19 patients. However, 60% of physicians who were not treating those patients said they'd be willing to.

Beaumont, Summa Merger Deferred While COVID-19 Pandemic Rages

John Commins, April 21, 2020

The merger, under which Akron, Ohio-based Summa would become a wholly owned subsidiary of Beaumont, was announced in January.

COVID 19 Pandemic Forces Beaumont Health to Lay Off 2,475 Employees, Cut 450 Positions, Slash Exec Pay

John Commins, April 21, 2020

In the first quarter of 2020, Beaumont's net income was -$278.4 million, a free-fall of $407.5 million over Q1 2019.

DOJ OKs AmerisourceBergen Pandemic Collaborative

John Commins, April 21, 2020

The collaborative is distributing hydroxychloroquine from the government's Strategic National Stockpile to healthcare providers in hard-hit areas.

CMS Issues Recommendations for Re-starting Non-emergent Healthcare

John Commins, April 20, 2020

Verma calls for "a more tailored and flexible approach" with input from local publich health officials.

Beaumont Hospital, Wayne Closes Temporarily, Awaits COVID-19 'Second Surge'

John Commins, April 17, 2020

Emergency designations on care venues means that the now-empty, 185-bed hospital will treat only COVID-19 patients until the pandemic declaration has lifted.

CMS Doubles Medicare Payment for 'High-Throughput' Coronavirus Tests

John Commins, April 15, 2020

Medicare's reimbursement for automated tests will increase from $51 to $100.

MedPAC Urges CMS to Drop Pandemic-skewed 2020 ACO Benchmarks

John Commins, April 14, 2020

MedPAC asks CMS not to use 2020 data to calculate baseline year spending for future benchmarks.

As COVID-19 Costs Rise, Jittery Shared Savings ACOs Could Flee the Model

John Commins, April 13, 2020

Almost 80% of Medicare risk-bearing ACOs said they were "very concerned" about their financial performance this year.

How Much Will the COVID-19 Pandemic Cost? Estimates Vary Widely.

John Commins, April 8, 2020

The wide variance in cost estimates depends upon how many people are infected by the virus, the availability of testing, and compliance with preventative measures such as social distancing.

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