HealthLeaders Media March 24, 2020
Jack O'Brien

Nearly all hospitals would lose an average of $2,800 per COVID-19 patient case if reimbursement rates aren’t raised, according to Strata Decision Technology.

Despite a proposed 20% reimbursement rate increase for treatment of patients infected with coronavirus disease 2019 (COVID-19), many hospitals would not have sufficient cash flows to survive for the next two to three months, according to Strata Decision Technology research released Tuesday morning.

As leaders on Capitol Hill and Department of the Treasury Secretary Steven Mnuchin continue to discuss a federal stimulus package that would raise the Medicare reimbursement rate by 20% for COVID-19 related DRGs, Strata projects that hospitals will lose an average of $1,200 per case, with some providers losing between $6,000 to $8,000 on the high...

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2020-03-24T23:42:03-04:00