Accounting & Financial Management
The numbers indicate the severity of the pandemic is waning, both in terms of virus transmission and hospitals' financial health.
The moderation is especially notable as it comes against the backdrop of rapidly accelerating economy-wide prices.
The pandemic has only made the trend worse, as 33% of hospital executives report average claims denial rates of 10% or more.
The firm will boast a technological backbone that's designed to support an array of platforms that reduce costs and accelerate care.
New reporting requirements expand the amount of time providers will have to report information and extend PRF payment deadlines.
Physicians' earnings are on the rise, but the coronavirus has had a dampening effect, and many practices are struggling.
"MGMA's modest compensation findings belie the turmoil of 2020," says CEO and president Dr. Halee Fischer-Wright.
The return of deferred care will increase utilization and health spending, as will investment in new technologies.
According to CMS, it's the largest funding allocation the agency has made available for navigator grants to date.
Telehealth, work-from-home arrangements and other swift changes have paved a path forward to renewed financial health.