Saturday, April 18, 2020

Hospital Reimbursement for Uninsured COVID-19 Cases May Total $42B

Hospital reimbursement for uninsured COVID-19 hospitalizations will range from nearly $14B to $42B, accounting for a significant portion of the $100B slated for hospitals in the CARES Act.

 Hospital reimbursement for the treatment of uninsured COVID-19 patients could account for more than 40 percent of the $100 billion earmarked for hospitals in the latest coronavirus stimulus package, according to estimates from the Kaiser Family Foundation.

In a new issue brief, researchers from the Kaiser Family Foundation estimated total hospital reimbursement to range from $13.9 billion to $41.8 billion depending on the rate of and severity of COVID-19 hospitalizations among the uninsured population.
That reimbursement range is based on Medicare reimbursement for hospitals admissions for similar conditions, including respiratory infections and inflammations with major comorbidities or complications, which averaged $13,297 in reimbursements, and, in more severe cases, respiratory system diagnosis with ventilator support for greater than 96 hours, which averaged $40,218.
Researchers also estimated that up to 2 million uninsured individuals could require hospitalization for COVID-19. Although, that number could be as low as 670,000 hospitalizations.
Read Full Article Here https://revcycleintelligence.com/news/hospital-reimbursement-

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