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HHS Announces $4.9 Billion Distribution to Nursing Facilities Impacted by COVID-19

On May 22, CMS announced it has begun distributing billions in relief funds to skilled nursing facilities to combat COVID-19.  This funding is to help nursing homes to address critical needs such as labor, scaling up their testing capacity, PPE and other expenses directly related to the pandemic.

Distribution Methodology:

  • Each nursing home will receive $50,000 plus $2,500 per bed
  • All SNF’s with six or more certified beds are eligible for this distribution
  • Nursing homes must attest that they will only use provider Relief Fund payments for permissible purposes
  • Providers need to take action by June 3, 2020
  • Visit the U.S. Department of Health & Human Services site for CARES Act Provider Relief Fund for additional information.

If you have further questions, please contact one of our team members.

Pharmacy Benefit Managers: What is Your Plan Paying For?

Pharmacy Benefit Managers: What is Your Plan Paying For?

The world of pharmacy benefits continues to get more complicated, and that is unfortunately not an accident. Pharmacy benefit managers, also known as PBMs, such as Optum, CVS Health, and Express Scripts, cover more than 80% of the American public’s pharmacy needs. Due to their size and control over the pharmacy industry, they can negotiate […]

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pharmacy benefits

On-Demand Webinar: Transparency and Control, Demystifying Pharmacy Benefits

The world of pharmacy benefits is not transparent by design — pharmacy benefit managers do not want you to look into where your costs are truly going. Join Blue & Co., LLC on Tuesday, April 13 from noon to 1 p.m. for a webinar where our team of Pharmacy Consultants will explain how pharmacy benefit […]

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Revenue Improvement

Revenue Improvement Case Study: Outpatient Physical and Occupational Therapy

Blue & Co. reviewed publicly available information on a 120 bed, non-profit, acute-care hospital. The data suggested there was revenue improvement opportunity in their outpatient physical and occupational therapy departments. The department had approximately 27,000 patient visits the previous year. During an assessment, we co-validated a significant set of revenue improvement opportunities: charge capture improvement, […]

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