Flu and pneumonia deaths outpace covid deaths in all states, except NY, NJ, and PA
Most of my many hospital clients claim they have serious cash issues due to the disruption in patient flow patterns (e.g., drop in elective surgeries). On top of this, nearly all of these hospitals have minimal covid cases.
We should never minimize the seriousness of the coronavirus. However, according to the latest data from the CDC, from 2/1/20 through 7/10/20, flu and pneumonia-related deaths exceeded covid deaths in all states, except New York, New Jersey and Pennsylvania.
Cash is King. If you engage HPS for your price transparency work, we will also have all of the necessary data to do a comprehensive pricing study. In this study, we will optimize your CDM prices to market levels and forecast how the new prices will impact net patient revenues. At the end of your study, you will have access to a cloud-based dashboard that shows the financial impact of your new prices by services, revenue codes, and payers. Here's an example dashboard [Here].
I would encourage you to set up a 15-minute call to find out how we can help your meet your CMS price transparency requirements AND increase net patient revenues by clicking here [SCHEDULE CALL].