Protecting Revenue Cycle During COVID-19

Jim Akimchuk, VP, and Brian Junghans, VP, Impact Advisors.  As healthcare providers have shifted focus to respond to the COVID-19 pandemic, normal business operations have been interrupted causing significant financial pressures. While the underlying variables at some institutions are relatively consistent (e.g., the impact to non-COVID patient volumes), others are dramatically different (e.g., COVID-19 peak volumes by geography and local control measures). Jim and Brian take a look at a revenue cycle roadmap for early actions targeted at considerations for working in a remote workforce and care environment, maintaining overall performance and ultimately structuring change to be positioned for the “new normal” that will come with the eventual recovery.

See also: CMS.gov