Q-Sights Key Insights – Week 18

7/20/20220 -7/24/2020

Here are the key topics you need to know about COVID-19 this week. To help you stay abreast of the latest COVID-19 news, guidelines and best practices from Federal, State, National Health Agencies and QHR Health, visit the QHR Health COVID-19 Online Resource Center.

Supply Chain and Pharmacy

Clinical Care

  • On July 18th, the CDC provided an update on how to report COVID-19 Laboratory Data and refers to recently published guidance from HHS along with FAQs.
  • In a July 14, 2020 release, the CDC maintains its position that the wearing of a mask does decrease the possibility of getting the COVID-19 virus.  The CDC recognizes some individuals, due to pre-existing medical conditions, may experience difficulties when trying to wear a mask in public and may have concerns about their right to privacy when questioned.
  • Lisa Boston, QHR Health’s Associate Vice President of Compliance, wrote an article with a look at the intent of the HIPAA law pertaining to mask usage.

Finance/Reimbursement/FEMA

  • HHS announces another round of CARES Act Relief Fund Distributions
    • $10 Billion for hospitals located in areas with high COVID-19 patient admissions
      • Hospitals with COVID-19 patient admissions greater than 161, from 1/1/2020 to 6/10/2020
      • Payment of $50k for each qualified admission
    • Hospitals should continue to report COVID-19 admissions to HHS for future distributions
    • The CDC published a list of hospitals qualified to receive High-Impact Area Relief Funds.
  • HHS announces additional guidance on CARES Act Relief Fund Reporting Requirement
    • Detailed reporting instructions and data collection template will be released on August 17, 2020 via Health Resources Services Administration
    • Recipients will report use of CARES Act Relief Funds received via HRSA Portal
    • Reporting portal will be opened on October 1, 2020
    • Deadline for submission will be February 15, 2021
    • Only recipients of funds greater than $10,000 required to report
  • HHS Announce additional $5 Billion in funding for Medicare certified long term care facilities
    • Funding intended for enhanced COVID-19 testing, staffing, infection control and technology to allow families to connect with residents
    • Nursing Homes must follow HHS COVID-19 training programs
    • Funding is in addition to previously announced $5 billion for lost revenues, costs incurred due to COVID-19 preparedness and PPE acquisitions
    • CMS announced new resources to project nursing home residents against COVID-19
  • Federal Reserve issues revised terms for Main Street Lending Program
    • Last week, Federal Reserve announced modifications specific to non-for-profit hospitals
    • Reduced terms announced include operating margin of 2%, and reduced liquidity and debt to cash requirements

Visit the QHR Health COVID-19 Online Resource Center site as often as you’d like as we are providing live news feeds from the CDC and CMS to keep all of us updated on the latest news. There is also a document library link located in the bottom right-hand corner of the page where information is being organized by subject categories.

If you need assistance, please reach out to your QHR Health representative.