Making plans when ambiguity reigns

Questions and concerns about how stimulus funds are being distributed – and spent – are growing, changing with each new announcement from the government. How do hospitals keep up with a situation that seemingly evolves by the hour, especially when the situation isn’t just the medical realities of an evolving viral pandemic but also the response to it? We recently talked to Martie Ross, Office Managing Principal in the Kansas City office of PYA to break down some of the opportunities and nuances in the various stimulus funds coming online – and the situation evolved even in the 24 hours following our conversation after HHS began distributing some of the funds. Ross and her PYA colleagues have dissected some of the requirements around those funds here, but even now ambiguity remains. With all the confusion, frustration and scrutiny, what are some general considerations for providers to ensure that they stem the bleeding now and take advantage of opportunities to position themselves for the future.