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Month: August 2020

Better Than Expected: Hospitals Reporting COVID Profits

Better Than Expected: Hospitals Reporting COVID Profits

August 12, 2020 It is safe to say that the American healthcare industry has, in 2020, experienced its most challenging crisis in modern times. Many physician specialties, most hospitals and nearly all surgery centers experienced either suppressed case volume or a massive decline in earnings. This was especially true for the second quarter (Q2) of the year—the time when elective surgery shutdowns were in full swing. However, we are now hearing that the COVID crisis may not have been as…

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Proposed OPPS Rule for FY 2021

Proposed OPPS Rule for FY 2021

August 5, 2020 The Centers for Medicare and Medicaid Services (CMS) provided a press release on August 4, outlining several proposed rules that will affect the healthcare industry if approved.  The following will act to summarize a few of the key proposals. Telehealth Ascending Pursuant to an executive order signed by President Trump on Tuesday (entitled, “Improving Rural and Telehealth Access”), CMS is proposing changes to expand telehealth permanently.  This is in line with the administration’s effort to improve access…

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