In an effort to combat cyber threats, New York state has proposed new regulations applicable to all hospitals in the state. … READ MORE >
Hospitals
Building the new normal in health care
As the health care provider industry works toward a new normal, physical infrastructure scrutiny will likely be top of mind for many organizations. … READ MORE >
Pandemic highlights the need for better use of data among health care providers
As health care providers prepare for an influx of patients with the easing of the pandemic, a better use of data analytics can help them manage the process. … READ MORE >
Coronavirus update: The economic benefits of increased testing and tracing
As global cases of COVID-19 top 40 million and infections in the United States again breach 50,000 per day, the specter of a second wave in Europe and the United States hangs over the domestic economy. … READ MORE >
After suffering losses, health care providers could face a reckoning on debt covenants
On June 30, the financial results from health care providers with publicly traded bonds will be measured, providing a window into their financial condition and whether the providers that took on debt to fuel their growth will be able to meet their bond covenants. … READ MORE >
New relief is approved for hospitals, but challenges remain
Over the past few weeks, we have been reaching out to our clients as well as hosting several virtual CFO Forums. Through those interactions, our clients in the health care sector have been painting a grim picture of the financial effects of the coronavirus. … READ MORE >
Some hospitals could be left out as second round of Provider Relief Fund is distributed
Not all hospitals benefited equally when the initial $30 billion of the Provider Relief Fund was distributed. Now, with the second round of funding set to go out, some health care providers – especially hospitals organized as governmental entities — could again be left out. … READ MORE >
How health systems can manage the financial impact of the coronavirus
The effects of the coronavirus on health systems will be far-reaching and long-lasting. Beyond the impact on front-line staff and the disruption of having many employees work remotely, health systems are also seeing a cloud loom when it comes to their finances. To seek relief from these headwinds, the chief … … READ MORE >
The mounting toll of cyberattacks on rural hospitals
Enticed by valuable stores of health records and sometimes porous security, hackers infiltrate a hospital’s IT system and encrypt its data, making it unusable until the provider pays a ransom. … READ MORE >