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The CARES Act provided $ 1 0 0 billion in financial relief to hospitals responding to the COVID - 1 9 pandemic. The act includes

The CARES Act provided $100 billion in financial relief to hospitals responding to the COVID-19 pandemic. The act includes a 20 percent increase in Medicare payments to hospitals for their COVID-19 patients. However, studies have indicated that the costs associated with COVID-19 patients may be 335 percent more than original DRG payment rates, or 15 percent more than relief payment rates (Reese 2020).
For a hospital that admits COVID-19 patients, list the possible solutions to this cost crisis after examining the methods of cost accounting explained in this chapter.

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