Reimbursement
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.
CMS is also allowing ERs to use drive-through testing and telehealth, and for tests to be done at home for stay-at-home residents.
Anthem claims the DOJ has violated the law in holding Medicare Advantage plans to payment standards that are not applied to regular Medicare.
President Trump signs $2 trillion coronavirus bill that includes $100 billion for hospitals.
Many hospitals will not be able to survive the damage to their cash flow for longer than 60-90 days, report says.
Hospitals can transfer patients who are COVID-negative to post-acute care facilities without advanced prior authorization approval, AHIP's Board of Directors says.
Since all of the estimates are based on pneumonia, it's likely that costs will be even higher during the coronavirus outbreak.
The coronavirus is causing hospitals to ramp up for a surge of cases while having to give up elective procedures that sustain their revenue.
Because there's such a high level of uncertainty, the risk of a more severe economic impact is elevated and expenses will rise.