OMH

Healthcare Worker Bonus – The Series

If you’re like us, you have certain TV shows that you are totally invested in and can’t wait until the next episode comes out.  Unless you are a masochist, that is probably not the case with respect to the weekly regulation updates coming out from DOH on the...

Healthcare Worker Bonus Clarification

On Friday, August 19, 2022, NYS did a townhall regarding the Healthcare Worker Bonus (HWB).  A recording of the webinar can be found here and a copy of the presentation from the NYS DOH can be found here.  There were several technical issues with the webinar which...

Q&A on Healthcare Worker Bonus Program

*Information as of August 17, 2022* Ken Cerini, Managing Partner and Edward McWilliams, Tax Partner of Cerini & Associates, LLP gave a background of the Healthcare Worker Bonus and answered participant questions. General Program Background:- Healthcare Worker...

Taxation of New York State Healthcare Worker Bonuses

Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare Worker Bonuses of up to $3,000 per employee (see details here). The regulations and program portal were released on August 3, 2022. One of the crucial questions regarding...

Taxation of NYS Healthcare Worker Bonus – Cerini Short

Taxation of NYS Healthcare Worker Bonus Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxation of the NYS Healthcare Worker Bonus. Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare...

Bonus for NYS Healthcare Workers – Cerini Short

Bonus for NYS Healthcare Workers Cerini Short We have been hearing for months about New York State making certain bonuses available to direct healthcare workers of up to $3,000 each. Governor Hochul allocated $1.2 billion from the State's 2022/23 budget for the...

Potential Additional Funding Available for Daycare and Medical Providers

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.

Managed Care is Coming

Managed care is coming. What it will exactly look like, or how it will impact the nonprofit sector isn’t clear yet. Managed care will most likely result in significant consolidation among OPWDD, OASAS, and OMH providers. The problem is unlike other areas of...

New Certification Added to CFR for OASAS, OMH, and OPWDD Filers

If you have spent any time reviewing the new CFR forms you probably noticed that there is a new certification form that administrators need to sign, CFR-iv. This new certification form, which is required by all CFR filers, other than those funded exclusively by SED,...

New York State Budget Update for Nonprofits

On January 16, 2018, Governor Cuomo presented his 2018/19 Budget Address and discussed the proposed fiscal 2019 budget and its impact on New York State. While his address touched upon various agencies and industries, we’ve outlined below some of his major proposals...

Healthcare Worker Bonus – The Series

If you’re like us, you have certain TV shows that you are totally invested in and can’t wait until the next episode comes out.  Unless you are a masochist, that is probably not the case with respect to the weekly regulation updates coming out from DOH on the...

read more

Healthcare Worker Bonus Clarification

On Friday, August 19, 2022, NYS did a townhall regarding the Healthcare Worker Bonus (HWB).  A recording of the webinar can be found here and a copy of the presentation from the NYS DOH can be found here.  There were several technical issues with the webinar which...

read more

Q&A on Healthcare Worker Bonus Program

*Information as of August 17, 2022* Ken Cerini, Managing Partner and Edward McWilliams, Tax Partner of Cerini & Associates, LLP gave a background of the Healthcare Worker Bonus and answered participant questions. General Program Background:- Healthcare Worker...

read more

Taxation of New York State Healthcare Worker Bonuses

Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare Worker Bonuses of up to $3,000 per employee (see details here). The regulations and program portal were released on August 3, 2022. One of the crucial questions regarding...

read more

Taxation of NYS Healthcare Worker Bonus – Cerini Short

Taxation of NYS Healthcare Worker Bonus Cerini Short In this Cerini Short, Edward McWilliams, CPA, Partner talks about the Taxation of the NYS Healthcare Worker Bonus. Included as part of the 2022/23 budget for New York State was a provision allowing for Healthcare...

read more

Bonus for NYS Healthcare Workers – Cerini Short

Bonus for NYS Healthcare Workers Cerini Short We have been hearing for months about New York State making certain bonuses available to direct healthcare workers of up to $3,000 each. Governor Hochul allocated $1.2 billion from the State's 2022/23 budget for the...

read more

Managed Care is Coming

Managed care is coming. What it will exactly look like, or how it will impact the nonprofit sector isn’t clear yet. Managed care will most likely result in significant consolidation among OPWDD, OASAS, and OMH providers. The problem is unlike other areas of...

read more