Most people are aware of the PPP loan program and the economic benefit provided through the forgiveness feature. What you may not know is that there are other economic stimulus components of the CARES Act that you could benefit from … but the timelines are short.
Healthcare Providers To Receive Payments From HHS Stimulus
NYS Paid Family Leave Now Classifies COVID-19 Diagnosis as a Serious Health Condition
The Prescription for Fraud
Cultivating a Patient Collection Strategy
Crafting an Effective Paid Time Off Policy
Guest Article: New Executive Order Addresses Healthcare Issues
Updated Health Reimbursement Arrangements 2019
How to Compete with Large Hospital Groups
Data Breaches in Healthcare Organizations
Understanding & Optimizing Tax-Deferred Accounts
HHS Medicaid Relief
Jun 15, 2020
The CARES Act established a $100 billion Provider Relief Fund to help healthcare providers combat the COVID-19 outbreak. The fund was broken down into several categories, with $50 billion going to a General Distribution Provider Relief Fund and the remaining $50 billion to be used for targeted distributions, such as to rural health clinics and Medicaid & CHIP providers.
The Paid Sick Leave Law
May 6, 2020
The Paid Sick Leave Law (PSLL) was approved by New York State Governor Andrew Cuomo on April 3, 2020, adding to the initial PSLL that was signed on March 18, 2020. This was codified under section 196-b of the New York Labor Law, and it states that employees may begin accruing sick leave as of September 30, 2020, and using sick leave as of January 1, 2021. This law covers all employers in New York State and gives employees a minimum of 40 hours of paid or unpaid sick leave and a maximum of 56 paid hours, depending on the net income and size of their employer. This law does
CARES Act Provider Relief Fund Portal Active, Additional Funds Available for Providers
Apr 27, 2020
Many healthcare providers were pleased to find an “HHS stimulus payment” from the CARES Act Provider Relief Fund earlier in April. This payment was a grant, not a loan, based on a provider’s pro-rata share of Medicare billing in 2019. As part of the terms and...
Healthcare Providers To Receive Payments From HHS Stimulus
Apr 10, 2020
The CARES Act was the single largest stimulus act in American history, providing 2.2 Trillion of relief across a variety of programs. For many, the Paycheck Protection Program Loans or expanded Tax Credits were of the most interest for their practices as this looked...
NYS Paid Family Leave Now Classifies COVID-19 Diagnosis as a Serious Health Condition
Mar 31, 2020
In light of the ever-growing Coronavirus pandemic, New York State has filed an emergency adoption to make any COVID-19 diagnosis a serious health condition. This emergency amendment was added to Title 12 NYCRR, section 355.9, making it legally possible to take family...
The Prescription for Fraud
Oct 30, 2019
You see it in the movies, you see it on the news, one day you might see it at the physician’s office down the street – a raid by the men in black. No, not Will and Tommy-Lee, but a combined task force by the Department of Justice (DOJ) and the FBI. They’re there for...
Cultivating a Patient Collection Strategy
Oct 30, 2019
With the shift in more insurance plans to High Deductible Health Plans with larger deductibles and higher Out-Of-Pocket amounts, patient financial responsibility is accounting for a greater portion of net healthcare revenue. Additionally, with declining...
Crafting an Effective Paid Time Off Policy
Oct 30, 2019
As the importance of work-life balance and flexible scheduling increases for employees, it becomes important for practices to have an effective Paid Time Off (PTO) policy that both provides the benefits employees seek but also meets the needs of the practice staffing....