COVID-19 and Hospital Finances: Assessing the Impact

by David Robeson, Principal

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COVID-19 is a tsunami for hospitals—the waters pulling back as beds are emptied, then an overwhelming and uncontrollable surge wave. Like an actual tsunami, this one may have multiple surges. But even with several waves, an actual tsunami is over quickly and recovery returns you to a former baseline. With COVID, it is likely that […]

COVID-19 and Physician Compensation:
Part 1 – Physicians on the Front Line

by Karin Chernoff Kaplan, Director

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The Blanket Waivers that CMS issued on sanctions under the physician self-referral law (Stark) do not halt application of the law during this emergency time period. Instead, they waive sanctions for certain circumstances that would otherwise violate the self-referral law. The 18 individual waivers address a variety of financial arrangements between physicians and designated health […]

How will the CARES Act help hospitals?

In this 90 second excerpt, Dan Grauman (CEO of Veralon Partners) discusses the corona virus relief bill and the three most significant ways hospitals and health systems may receive help. These include funds to support the care of Covid-19 patients, increasing Medicare payments related to Covid-19 patients, and pausing plans to reduce reimbursement. Click the […]

What is Covid-19’s immediate financial impact on hospitals?

In this 90 second excerpt, Dan Grauman (CEO of Veralon Partners) shares his estimations of the immediate financial impact of Covid-19 on the typical hospital. As a result of the increased cost of caring for Covid-19 patients, foregone revenue associated with elective surgeries, and decreased employed physician hours, these hospitals can expect a decrease of […]