The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides emergency assistance and healthcare response for individuals, families, and businesses affected by the 2020 coronavirus pandemic. To effectively manage through this challenging time, providers should understand CMS’s MedicareAcceler...
The CARES Act is intended to provide economic relief to individuals and businesses facing hardship due to the COVID-19 crisis. It includes various provisions affecting the operation of qualified retirement plans, healthcare plans and fringe benefit plans as part of the relief package and ...
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HSA/HCFSA/HRA funds may now be used to purchase certain over-the-counter (OTC) drugs/medications and menstrual care products as qualified medical expenses (QMEs) starting January 1, 2020 and ongoing without an expiration date. The Coronavirus Aid, Relief, and Economic Security (CARES) Act res...
The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into United States law on March 27, 2020. The CARES Act authorizes more than $2 trillion to battle COVID-19, including immediate cash relief for individual citizens, loan programs for small business, support fo...
CARES Act - Key Takeaways for Healthcare Organizations On Friday, April 3, our Healthcare Practice professionals presented a webcast where they discussed key provisions from recently enacted legislation and regulatory changes related to COVID-19 that healthcare providers can benefit from moving ...
On April 2, 2020, the Small Business Administration (SBA) released its Interim Final Rule regarding the Paycheck Protection Program (PPP) provisions of House Bill 748, the Coronavirus Aid, Relief and Economic Security (CARES) Act approved by Congress on March 27, 2020. Below is a brief overv...
What is the CARES Act Provider Relief Fund? In the process of fighting the COVID-19 pandemic, health care providers have incurred unpredictable expenditures and experienced lost revenues from reprioritizing their routine services and treatments. In an effort to compensate health care providers (and ...
The CARES Act provides opportunities for individual taxpayers to increase tax deductions claimed on charitable contributions made during 2020. MEDICARE ACCELERATED AND ADVANCE PAYMENT PROGRAM Section 3719 of the CARES Act allows healthcare providers to receive advanced payments from the Medicare Program unde...
In fighting the COVID-19 pandemic, health care providers have incurred unpredictable expenditures and lost revenues from reprioritizing services and treatments.