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How COVID-19 Changed the Health Insurance Industry

Health insurers continue to adjust to pandemic-era health and labor trends, as well as the challenges posed by long COVID and mental health issues. Carriers are offering employers alternate models and offering policyholders greater access to telehealth and mental health services, in addition to expanding … See more

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URL: https://www.bdo.com/insights/industries/insurance/how-covid-19-changed-the-health-insurance-industry

Healthcare Accounting and Consulting Services BDO …

WebBDO is deeply familiar with the clinical, financial, digital and operational challenges healthcare leaders face. The interdisciplinary team at The BDO Center for …

Category: Health Go Health

Healthcare Financial Risk Factors and How to Mitigate …

WebGenerally, several signs of financial risk span all industries, including healthcare, such as: Tight liquidity. Organizations may be experiencing insufficient cash …

Category: Health Go Health

Healthcare Stability Outlook Report: 2022 and 2023 BDO

WebThe downturn we are experiencing in 2022 is different in many ways than those that came before, especially because it’s happening concurrently with an ongoing …

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The Impact of COVID-19 on Patient Care in the United …

WebHealth maintenance in the recovery or post-recovery stage of an illness or condition also raises concerns. Attending well-checks, for example, has been difficult …

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2022 Healthcare CFO Outlook Survey BDO Insights BDO

WebThe 2022 BDO Healthcare CFO Outlook Survey polled 100 healthcare industry CFOs with revenues ranging from $250 million to $3 billion in October 2021. The survey was …

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Financial Impacts of COVID-19 on Health Insurers

Web3. Uncertainty around premium collectability. Early predictions of the revenue impact of COVID-19 on health insurers were that individuals and employers might delay …

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Why Data is Healthcare’s Most Valuable Resource BDO

WebWhy Data is Healthcare’s Most Valuable Resource. The driving force behind the Walmart/Humana merger, and the spate of other recent innovative mergers, was …

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How COVID-19 Changed the Health Insurance …

WebHealth insurers are responsible for covering certain forms of COVID-19 testing, which sees shifting demand depending on community spread and new variants of the virus. Many …

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How Healthcare Orgs Can Maximize Cash Flow Amid …

WebWith revenues declining and costs increasing because of COVID-19, cash is in short supply. Thus, it is important healthcare organizations take steps now to conserve …

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Preparing for Healthcare's Regulatory Environment Shift BDO

WebHealthcare providers are approaching a major regulatory shift. On May 11, the Federal Public Health Emergency (PHE) for the COVID-19 pandemic will lapse, …

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Closing the Gap: Addressing Healthcare Disparities in Black

WebAddressing the root causes and impact of healthcare disparities is essential to creating health equity, which is needed for a more fair and just society. The COVID-19 …

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Six Steps for Strengthening Healthcare Margins and …

WebThe 2024 BDO Healthcare CFO Outlook Survey presents a cautiously optimistic view of the future for healthcare. Despite facing inflation, margin pressures, …

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The Healthcare Revenue Cycle Optimization Checklist BDO

WebBDO’s Revenue Cycle Optimization solution helps you gain an in-depth view of your revenue cycle, from registration and scheduling, through clinical documentation …

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Medicare Advantage: The Future Model of Care BDO

WebThe future of healthcare. In 2016, Medicare spending alone was 15 percent of the total federal budget. Moving more heavily to the Medicare Advantage model is the …

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CARES Act Employee Retention Credit for Hospitals, Medical …

WebThe Opportunity. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, provides several incentives for hospitals and …

Category: Coronavirus Go Health

6 Steps for Strengthening Healthcare Margins BDO

WebDigital enablement is critical for healthcare organizations seeking better operational performance and patient engagement. Success in today’s challenging …

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How Healthcare and Biotech Can Benefit From New Tax Credits

WebPotential benefit bonus credits that can be stacked with the ITC include 10% for using domestic content and another 10% for locating the project in an energy …

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STEPS FOR HOW HEALTHCARE ORGANIZATIONS CAN …

Webimmediate demands, as well as to secure future financial health and sustainability. Maximizing cash flow at this critical time is a priority. A targeted effort …

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Is Your Private Healthcare Organization Ready for ASC 606

WebUnder ASC 606, leasing contracts are excluded from consideration. Many long-term care contracts contain both clinical care and leasing provisions, and therefore …

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2023 Health Insurance Executive Compensation Report BDO

WebThe findings from the recently published 2023 BDO Health Insurance Industry Executive & Management Total Potential Remuneration (TPR) Survey explore …

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How COVID-19 Changed the Life Insurance Industry BDO

WebCarriers also saw an uptick in payouts. The staggering loss of life due to COVID-19 — especially among vulnerable older adults who are more likely to hold life …

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