COVID-19 grants won't factor into some providers' 2020 debt ratios

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Friday, July 31, 2020 Friday, July 31, 2020 Subscription Required COVID-19 grants won't factor into some providers' 2020 debt ratios Accounting rules are preventing some healthcare providers from including Provider Relief Grant money in fiscal 2020 financial reports, which means the money also won't help with their debt coverage ratio calculations. Read More > Subscription Required SNFs to get $750 million pay boost in 2021 The final pay rule also applies a 5% cap on wage index decreases, tweaks case-mix classification code mappings and adjusts the SNF value-based purchasing program. Read More > Subscription Required New survey to gauge Beaumont physicians' attitudes on leadership, merger The survey, intended to gauge the level of support for the corporate leadership of eight-hospital Beaumont Health, is being circulated among the 5,000 physicians of the Michigan health system. Read More > Subscription Required Allscripts sees 8% drop in Q2 revenue, plans to sell financial unit Allscripts said it will sell a financial decision support business for $365 million. Read More > Nashville worries rural virus cases could fill hospitals Nashville health officials said they are concerned rising coronavirus cases in surrounding rural counties could overwhelm the city's hospitals. Read More > Subscription Required Healthcare earnings reports from the second quarter of 2020 Molina Healthcare estimated that the COVID-19 pandemic increased its profit $65 million to $100 million in the second quarter of 2020 as members stopped using healthcare services. Read More > Coronavirus outbreak: Physician medical group company sending 300 clinicians to Florida Live updates from Modern Healthcare on the coronavirus outbreak and how COVID-19 is affecting the healthcare industry. Read More > Join Modern Healthcare's community of women leaders to continue your personal and professional development while supporting each other and building a network in a safe, yet meaningful way. Be part of the virtual conference taking place Aug. 13-14 and take part in conversations about leading through chaos and crisis, tracking the progress of diversity and inclusion in healthcare, and many more important and timely topics. For information, click here and take advantage of a discounted rate with code WLHNews. SPONSORED CONTENT Connect with Us Stay Connected “Join the conversation with Modern Healthcare through our social media pages” Feedback or questions? Contact Us Email Editor | Customer Service | Advertise with Us   This email was sent to chunduri22.covid@blogger.com To ensure delivery of our newsletters to your inbox, please add modernhealthcare@CrainAlerts.com to your address book. Manage My Account | Unsubscribe   © 2020 Modern Healthcare 150 N. Michigan Ave. | Chicago, IL 60601 United States Privacy Policy | Terms and Conditions