Healthcare

Healthcare Providers To Receive Payments From HHS Stimulus

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

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

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

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

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....

Guest Article: New Executive Order Addresses Healthcare Issues

On June 24th President Trump signed an Executive order directing Health and Human Services (HHS) to write rules within 3-6 months requiring Hospitals and Medical Providers to make their standard charges and negotiated pricing available in a consumer-friendly format....

Updated Health Reimbursement Arrangements 2019

On June 13, 2019, the Internal Revenue Service (IRS), Department of Labor and Department of Health and Human Services (HHS) issued a new regulation that is intended to increase the use of tax-favored health reimbursement arrangements (HRAs) as a means of expanding...

How to Compete with Large Hospital Groups

Consolidation in the healthcare industry continues unabated as national and regional hospital groups continue to increase their breadth of offerings by acquiring other groups, standalone hospitals, physician practices, home health agencies, senior living communities,...

Data Breaches in Healthcare Organizations

Disclosure of the Personal Health Information (PHI) of patients is one of the biggest threats as those affected are more vulnerable to both medical and financial identity theft. Unfortunately, health care organizations are popular victims of data breaches. Criminal...

Understanding & Optimizing Tax-Deferred Accounts

With the passing of the Tax Cuts and Jobs Act (TCJA) many taxpayers found themselves in a difficult position this past year. In high cost of living/heavy tax areas like New York, this may have resulted in an unexpected tax burden, or perhaps the confusion around the...
HHS Medicaid Relief

HHS Medicaid Relief

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.

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The Paid Sick Leave Law

The Paid Sick Leave Law

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

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Healthcare Providers To Receive Payments From HHS Stimulus

Healthcare Providers To Receive Payments From HHS Stimulus

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...

read more
The Prescription for Fraud

The Prescription for Fraud

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...

read more
Cultivating a Patient Collection Strategy

Cultivating a Patient Collection Strategy

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...

read more
Crafting an Effective Paid Time Off Policy

Crafting an Effective Paid Time Off Policy

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....

read more