Horizons Spring/Summer 2021

All this is in addition to the $799 billion already spent on Medicare, and the $613 billion on Medicaid (2019 figures). Where the government spends money (once the emergency passes), you can be sure regulations will follow. Providers who want to play the game will need to know and follow the rules. This will make compliance with billing, documentation and electronic reporting requirements even more important. The Next Pandemic Public health experts agree that COVID-19 will not be the last pandemic—far from it. History is rife with plagues and epidemics. COVID-19, as deadly as it has been, is not nearly as deadly as the plague, smallpox or Ebola. As a result of this pandemic, though, new vaccines were developed in record time, including those using the relatively new mRNA technology. The world will be on heightened alert for potential new outbreaks. These new technologies can hopefully be leveraged for the next pandemic. Healthcare providers can be leaders in preparing for future pandemics and other public health emergencies.

Investing in supplies, technology, training, etc. will put hospitals and other providers in the public spotlight while making their communities safer. After the pandemic, the demand for healthcare will continue to increase. Those providers who are capable, adaptable, and alert to the needs of their patients and community will thrive.

HEALTHCARE SERVICES

RubinBrown’s Healthcare Services Group provides a broad array of services to a diverse group of clients in the healthcare industry including hospitals, physician practices, multi-site medical groups and not-for-profit health organizations.

Tom Zetlmeisl, CPA, CFE, CFF, CGMA Partner-In-Charge Healthcare Services 314.290.3395 thomas.zetlmeisl@rubinbrown.com

Tom Norton, CPA, CPC Manager Healthcare Services 314.290.3708 tom.norton@rubinbrown.com

Spring/Summer 2021

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