There have been several important regulatory updates since our last email regarding the CARES Act on April 24. Our main summary and analysis of the CARES Act and related regulatory guidance for healthcare providers and their practices (including the updates discussed...
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Payroll Protection Program Certification: Do You Really Believe You Really Need the Money?
On April 24, 2020, we alerted our clients to an important update to Frequently Asked Questions (“FAQ”) guidance from the Small Business Administration (“SBA”). Apparently in response to focused media attention and corresponding public outcry against public companies...
Paycheck Protection Program Updates
The federal government has taken further action on the Paycheck Protection Program ("PPP"), with additional action expected very soon: New Law Provides Additional Funding for PPP Loan Program On April 24, 2020, the Paycheck Protection Program and Health Care...
[UPDATED] CARES Act: Key Provisions for Healthcare Providers and their Practices
On April 1, 2020, we issued an initial, high-level summary of key provisions of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act affecting healthcare providers and their practices. Since our first article was published, the Small Business...
UPDATE: CARES Act Provider Relief Fund – No Strings Attached?
[Editor’s Note: This article provides an update and further clarification of our previous article, dated April 10, 2020.] On April 10, we recommended that our clients take a “wait and see” approach to retention of the Provider Relief Funds that the Department of...
CARES Act Provider Relief Fund – No Strings Attached?
By now, your practice may have received a payment via automatic deposit with the designation, "HHSPAYMENT.” This is NOT part of the Advance Payment Program. Instead, this is a separate payment under the CARES Act “Provider Relief Fund.” According to a press release...
Executive Order No. 25 Places Further Limits on Healthcare Providers, Non-Emergency Procedures
On April 8, 2020, Governor Bill Lee signed Executive Order No. 25, entitled “An Order to Reduce the Spread of COVID-19 By Limiting Non-Emergency Healthcare Procedures” (“Executive Order 25”). A copy of the order may be found here. Executive Order 25 went into effect...
CMS Approves $34 Billion in Accelerated and Advance Payments for Medicare Providers
On April 7, 2020, the Centers for Medicare & Medicaid Services (CMS) announced it has already delivered nearly $34 billion to healthcare providers through “the expansion of the Accelerated and Advance Payment Program to ensure providers and suppliers have the...
Families First Coronavirus Response Act: Highlights of Temporary Rule
The US Department of Labor (DOL) has issued a temporary rule regarding the Families First Coronavirus Response Act ("FFCRA"). Our previous coverage of DOL's Q&A Guidance can be found here and here. The DOL also previously issued a sample notice and a Field...
CMS Issues Temporary Stark Law Waivers Applicable During COVID-19 Pandemic
CMS has issued temporary regulatory waivers to provide flexibility for the healthcare system to respond to the 2019 Novel Coronavirus (COVID-19) pandemic, including a relaxation of the physician self-referral prohibitions of the Stark law and its implementing...