DRCHSD COVID-19 Financial Recovery Series

This five-part webinar series from the Delta Regional Community Health System Development (DRCHSD) Program provides best practices, opportunities, and strategies pertaining to hospital and clinic COVID-19 finances and operations.

Subject Matter expertise for the series is provided by BKD, LLC. DRCHSD is a program of the National Rural Health Resource Center.

In This Series

As the payment system evolves from Fee-for-Service to value/population-based payment, rural health systems have an increasing value proposition in the healthcare market.
Proper alignment with employed and affiliated physicians continues to present challenges, especially to rural providers. With growing practice subsidies and recruitment and retention difficulties, leaders must engage at a deeper level with the medical staff to achieve sustainable arrangements. Tune in to hear from BKD experts about how organizations are repositioning to achieve value for the organization, physicians and the patients they mutually care for.
BKD will review the revenue cycle strategies rural hospital and clinic leaders should be aware of as they determine how to prioritize and address any backlog in revenue cycle. This session will provide leaders with an example of how to prioritize A/R, opportunities for uninsured COVID reimbursement programs, and discuss how to manage remote staff productivity.
Hospitals are eager to resume operations and reach pre-COVID volumes as quickly as possible. However, with the threat of a possible COVID resurgence, labor disruptions and community uncertainty, the rebound is slower than expected. Tune in to learn strategies that successful rural hospitals are pursuing to recast operations and rebuild lost volumes as quickly as possible.

Staying up-to-date on funding opportunities and associated guidance has been a challenge for all hospital and clinic leaders. BKD’s subject matter experts will share the most current information on funding sources and explore the potential downstream impact on the hospital’s cost report.
This session will provide DRCHSD hospital and clinic leaders with information needed to retain COVID-19 funding and prepare for a single audit. BKD will recommend best practices for procedures, documentation and example methodologies for tracking various funding sources, revenues and expenses related to COVID-19.

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