Accounting & Financial Management
New reporting requirements expand the amount of time providers will have to report information and extend PRF payment deadlines.
Physicians' earnings are on the rise, but the coronavirus has had a dampening effect, and many practices are struggling.
"MGMA's modest compensation findings belie the turmoil of 2020," says CEO and president Dr. Halee Fischer-Wright.
The return of deferred care will increase utilization and health spending, as will investment in new technologies.
According to CMS, it's the largest funding allocation the agency has made available for navigator grants to date.
Telehealth, work-from-home arrangements and other swift changes have paved a path forward to renewed financial health.
Targets for investment include the Strategic National Stockpile, the CDC, and mental health and substance use disorders.
There was no direct link between low-value care exposure and favorable patient ratings.
Healthcare costs for a hypothetical family of four in 2020 were $26,078, compared to $27,233 in 2019.
The signs of progress are encouraging, but the metrics are still down slightly when compared to last month.