Reimbursement
The funding is unlikely to fully compensate providers for the revenue hit caused by cancelled elective surgeries and by labor and PPE costs.
For each person admitted into intensive care, costs, on average, could exceed $30,000, according to an AHIP study.
The data was gathered before COVID-19 began its spread across the globe, meaning the outlook for rural hospitals may yet worsen.
Nonprofit insurer is working with two financial-services partners to provide financing guarantees, advance payments and restructuring of contracts.
The 21st Century Cures Act requires that CMS phase in changes to risk adjustment payments over a three-year period, with full implementation by 2022.
AHA urges Trump Administration for release of $100 billion to hospitals as soon as possible.
The American Hospital Association is urging other options, such as opening up a special enrollment period of the Affordable Care Act.
Prior authorization requirements have hindered freeing up hospital beds due to delays in getting inpatients to post-acute care.
HHS and CMS should immediately distribute funds to every hospital at the rate of $25,000 per bed, or $30,000 in hot spots, AHA says.
Humana joins Aetna in covering in-patient hospital admissions for COVID-19 related treatment.