KPMG’s Ed Giniat provides guidance on financial reporting during the coronavirus crisis
Ed Giniat, a partner at KPMG, discusses the challenges of financial reporting during the coronavirus crisis and the guidance his organization has issued on the topic.
CMS issues reopening guidance to healthcare providers, patients
CMS has offered more reopening guidance for both providers and patients amid indications some patients may not return.
Impact of the COVID-19 pandemic impact could cause more hospitals to breach debt covenants
If Congress does not take action to prevent financial penalties for already financially distressed hospitals, another financial hit could be the final blow for many healthcare organizations already feeling the financial impact of the pandemic.
Latest COVID-19 federal assistance only partially targets hospitals
Hospitals will quality for only some of the new provider-assistance funding pools HHS unveiled this week.
Hospital ED visits still down 26% following declines stemming from COVID-19, CDC reports
The CDC found hospital emergency department use remained 26% below normal by the end of May.
Safety net hospitals could see increase in payments if CMS updates estimates of uninsured in 2021 IPPS final rule
HFMA's Chad Mulvany explains why a small percentage point increase in the uninsured rate could significantly impact the UC DSH dollars available to safety net hospitals at a time when they are financially struggling due to COVID-19.
Amid looming deadline, physician practices begin to receive federal coronavirus funding
Long-awaited federal coronavirus support to practices has begun to flow.
Building a healthcare finance center of excellence: a view from the C-suite
Finance centers of excellence are not necessarily physical locations but rather a collection of the right people, tools and practices to help organizations achieve better financial performance.
ED volumes slowest to begin recovery after COVID-19, analysis finds
ED volumes are the biggest laggards in terms of hospital volume recovery from the coronavirus pandemic.
Asset impairment issues for hospitals to consider in the wake of COVID-19
For health systems, the decline in financial performance due to COVID-19 creates a triggering event for interim or annual impairment testing of certain assets on the balance sheet.