Revenue Cycle Considerations for Hospitals under the CARES Act
Peter Avellino | Director, Healthcare Consulting Practice | Mazars USA LLP
Amanda MacBride | Senior Consultant, Healthcare Consulting Practice | Mazars USA LLP
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What new revenue cycle considerations should hospitals be aware of due to the CARES Act? Director Peter Avellino and Senior Consultant Amanda MacBride with the Mazars USA Healthcare Consulting Practice explain.
The CARES Act was put into place to alleviate some of the financial strain on hospitals, physicians, and other healthcare providers through a series of Medicare policies that are designed to increase the Medicare Medicaid reimbursement that is allowable with some form of added flexibility. Peter and Amanda discuss the adjustment to sequestration, increased hospital inpatient prospective payment system or IPP payments when treating COVID-19 patients, expansion of the accelerated and advance payment program of CMS to a broader group of Medicare Part A and Medicare PartB suppliers, outlier payments, and more.
Key Items Considered
- CARES ACT
- ADJUSTMENT OF SEQUESTRATION
- DRG ADD-ON
- ADDITIONAL POST-ACUTE CARE FLEXIBILITIES
- MEDICAID DSH
- EXPANSION OF THE ACCELERATED AND ADVANCE PAYMENTS PROGRAM
- DOCUMENTING COVID-19 CASES
Contact: Peter Avellino | Email: Peter.Avellino@MazarsUSA.com
Contact: Amanda MacBride | Email: Amanda.MacBride@MazarsUSA.com
Disclaimer: While this recording and its materials are up-to-date as of this time of this presentation, please be advised that due to the fluidity of the current national emergency, information is rapidly changing. Mazars does not represent or warrant that this information will always be up-to-date, complete, or accurate. Any representation or warranty that might be otherwise implied is expressly disclaimed. The information presented is not legal advice. You are advised to seek professional and/or legal advice, as appropriate, from competent professionals and/or counsel licensed in your jurisdiction.