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Could We See $250 Billion in Care Virtualized?
If you’re wondering how significant the long-term impact of the soaring use of telehealth services during the COVID-19 pandemic could be on health care, a new analysis from McKinsey & Co. pegs the number at $250 billion.
IRS rule would implement excise tax on certain executive compensation
The Internal Revenue Service issued a proposed rule implementing a provision of the Tax Cuts and Jobs Act of 2017 that imposed a 21% excise tax on certain executive compensation paid by tax-exempt organizations.
FDA issues guidance on non-invasive monitoring devices
FDA released new guidance that expands for the duration of the COVID-19 emergency the availability and capability of non-invasive monitoring devices.
CMS issues COVID-19 guidance for non-federal governmental plans
CMS released guidance for non-federal governmental plans implementing the Families First Coronavirus Response Act requirement to cover COVID-19 diagnostic testing and certain related items and services without cost-sharing, prior authorization or other medical management restrictions during the public health emergency.
FDA reissues respirators EUAs with new decontamination-for-reuse instructions
The Food and Drug Administration reissued emergency use authorizations that revise policy on the types of respirators that can be decontaminated for reuse.
Medical Center Supports Local Food Bank to Address Food Insecurity During the Pandemic
University of Maryland Charles Regional Medical Center’s partnership with the Southern Maryland Food Bank provides tens of thousands of meals to children and families experiencing financial hardships.
Special Bulletin: FDA Reissues Respirators EUAs with New Decontamination-for-Reuse Instructions
This document outlines changes made by the Food and Drug Administration to its policy governing the decontamination and reuse of certain respirators during the COVID-19 public health emergency.
CMS accepting applications for direct contracting model through July 6
Eligible hospitals can apply through July 6 to participate in the Medicare Direct Contracting Model, which will offer two primary care payment options for hospitals beginning next April.
HHS shares resources for hospitals’ preparedness during civil unrest
The Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response shared resources for protecting community hospitals and providing care during civil unrest.
Health care jobs increase by 312,000 in May
After losing 1.5 million jobs in April, the health care field added 312,000 jobs in May, increasing 2% to a seasonally adjusted 15.2 million, the Bureau of Labor Statistics reported.