COVID-19: Financial Recovery and Cash-Flow Stabilization – Revenue Cycle Perspective
American College of Healthcare Executives
Nelson Lowman presented on how healthcare providers are facing new challenges due to the COVID-19 pandemic and experiencing unprecedented financial impacts to their organizations. Cash on hand and working capital continue to be severely challenged. The loss of revenue due to the cancellation of elective procedures and the increase in costs associated with COVID-19 treatment and testing is having ongoing and lasting material impacts on provider revenue and liquidity.