Last week, I sat down with Professor Thomas Campanella, Director of Health Care Economics at Baldwin Wallace University, and we recorded a webinar about the steps hospitals need to take to prepare for life after COVID-19. This blog is a synopsis of that conversation. (Please note, these views are Thomas Campanella’s and are simply excerpts […]
With Medicare claims on the rise, and the complexity of the claims process not wavering, this guide aims to explain the ins and outs of the Medicare claims process and outline the necessary tools to make your lives easier. The Country’s Largest Payer In 2016, Medicare and Medicaid accounted for nearly 60% of healthcare revenues reported by […]
As COVID-19 continues to spread through the country, hospitals are scrambling to overcome unprecedented clinical and patient care disruptions contrasted by new demands. More than simply making adjustments to their financial projections, hospitals need to be aware of operational issues related to COVID-19 that could negatively impact cash flow and overall performance. Here are five Operational […]
Two pieces of legislation were passed that will provide reimbursement for testing and treatment of uninsured COVID-19 patients. Families First Coronavirus Response Act or FFCRA and the Paycheck Protection Program and Health Care Enhancement Act which each appropriate $1 billion to reimburse providers for conducting COVID-19 testing for the uninsured. The Coronavirus Aid, Relief, and Economic Security (CARES) Act […]
Telemedicine has been a hot topic in the healthcare industry for a decade now. Every year, analysts have predicted telemedicine would become more of a priority for healthcare providers. However, adoption rates remained low until the outbreak of COVID-19 forced healthcare providers to embrace telemedicine to recoup drastically declining revenue. Recent adoption on the provider […]
An Interview with Professor Thomas Campanella Director of Healthcare Business Programs, Baldwin Wallace University We recently sat down with Professor Campanella to ask him questions about what’s next in the complex world of healthcare – after the coronavirus has subsided. We hope you find his insights valuable. Question 1: Our healthcare system in America is […]
In this webinar, we sat down with Thomas Campanella, Director of Healthcare Economics, at Baldwin Wallace University and talked about what life will look like for hospitals and physician groups after COVID-19. {WATCH HERE} Speakers: Thomas Campanella Baldwin Wallace University Mr. Campanella is the Director of the Health Care MBA program and a professor of health economics […]
As we work our way up the COVID-19 curve and expect confirmed cases to rapidly increase, healthcare providers are looking at telehealth in an effort to keep patients in their homes. In an attempt to keep you informed, we wanted to provide some basic information on Medicare changes regarding telehealth. For up-to-the-minute updates, visit the […]
The healthcare industry has been thrown a curveball with the introduction of the Coronavirus Disease 2019 (COVID-19). Becoming one of the biggest threats to the global economy and financial markets, the monetary impact remains unknown – both on the provider and patient side. HFMA Policy Director, Chad Mulvany, spoke out to provide guidance on the four things […]
We just returned from the MGMA Financial Conference in Nashville and one of the hot topics was the shift in care settings. From the explosive growth of ambulatory surgery centers to the rise of in-home care, it’s clear we are in a period of extreme disruption in the healthcare industry. One of the biggest questions […]