Fierce Health Payers April 21, 2020
Two-thirds of integrated health systems said in a recent survey that the initial payments from a relief fund replace less than a week of revenue lost by COVID-19.
The survey published Tuesday by the AMGA underscores the need for more direct funding to providers to help them weather the financial crisis created by COVID-19, the group said in a release.
AMGA said that it could take as much as $318 billion to replace only half the revenue lost by hospitals and physicians that are expected to lose over four months.
The survey of 71 integrated health systems found that two-thirds believe the initial $30 billion will only cover less than one week of revenue loss, another 20% said it will...