Phase 3 provider relief funding address losses caused by COVID-19 The U.S. Department of Health and Human Services on Thursday announced a fresh round of $20 billion funding for frontline healthcare providers dealing with the COVID-19 pandemic. The new allocation will take into account…
“Too many business owners have blinders on – they’re thinking only about generating revenue and surviving the next crisis.” This is a quote from Chuck Blakeman, author of Making Money Is Killing Your Business. I find that this is true with many private practice…
Report says that the CDC’s projected number is 14 times the average purchase After the announcement that the CDC would be greatly increasing their purchases of adult flu vaccines, major manufacturers are increasing production in anticipation of a particularly pivotal flu season. The Washington…
Your Coronavirus Update for June 24; Stay Up to Date With Elite. More than 9 million cases of coronavirus (COVID-19) have been diagnosed worldwide as of Monday evening, including at least 471,000 deaths. Healthcare officials in the United States have reported more than 2.3…
Sentara Health’s Senior leaders will see reductions between 10-20 percent Sentara Healthcare will be making some adjustments to the salaries and benefits of some of its staff and senior team members. The hospital system was forced to dial back on routine services and procedures…
Topping the agenda for a new home health agency are licensure, financing and insurance. With home health service needs growing rapidly, these efforts should pay off. As the large baby boomer population ages and poses a greater demand for home healthcare, job availability in…
Physician practices continue to feel the pressure from increased regulation, increased overhead expenditures, and decreased reimbursement. While physicians are used to the traditional fee-for-service models, payors continue to develop new models that incentivize efficiencies and quality of care. To benefit from these new payment…
What measures and means will be taken in the meantime? To the average person, Medicare is simply health insurance for people of retirement age. And while that description is incomplete, it isn’t wrong either. But where the understanding of the program begins to erode…
Effort supports legislation to help patients avoid being blindsided by invoices The American Heart Association recently released a set of guidelines to hopefully aid federal lawmakers in the quest to create legislation protecting consumers from ‘surprise’ invoices from doctors or hospitals. These types…