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PROVIDER ALERT: HHS Provider Relief Funds- Second Round Applications Must be Submitted by June 3rd

Additional FAQ Released Regarding Recent Practice Acquisitions As you are likely aware, the U.S. Department of Health and Human Services (“DHHS”) has allocated a total of $50 billion in Provider Relief Funds for general distribution to Medicare Part A and Part B-billing healthcare providers.  These Provider Relief Funds were authorized under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and are intended to assist healthcare providers in covering...

NJ Executive Order Permitting the Resumption of Elective Surgeries and Invasive Procedures Effective May, 26, 2020- Significant Requirements Must be Followed

On May 15, 2020, Governor Murphy issued Executive Order No. 145 (“EO-145”), which lifts, subject to certain restrictions, the suspension of elective surgeries and invasive procedures effective May 26, 2020, ending a 60-day suspension imposed by the Governor’s Office through the earlier-issued Executive Order No. 109. “Elective surgery or invasive procedure” is defined to mean “any surgery or invasive procedure that can be delayed without undue risk to the current...

HHS Provider Relief Funds Assist Healthcare Providers During the COVID-19 Crisis

$50 Billion in Total Funding Available, But Significant Compliance Requirements Must be Satisfied In mid-April, you may have seen a significant payment from the Federal government mysteriously land in your provider bank account. With little notice or explanation, the U.S. Department Health and Human Services (“DHHS”) at that time sent a total of $30 Billion in Provider Relief Fund payments to all providers who billed Medicare for services in 2019....

HHS Provider Relief Funds, Round Two, $20 Billion in Funds – Most Providers Required to Submit Net Revenue and Loss Estimates

Last week, the U.S. Department of Health and Human Services ("HHS") announced that all Medicare-participating providers with COVID-19 related losses are eligible for a second round of funding, totaling $20 billion, from the CARES Act-authorized Public Health and Social Services Emergency Fund (the “Funds”). Of a total of $100 billion of Funds authorized by Congress for payments to healthcare providers, $30 billion was released to all Medicare Part A and...

PROVIDER ALERT: If You Have Received and Intend to Keep CARES Act Relief Fund Monies, Be Prepared to Open Your Books

If you are a Medicare billing provider, you may have received a portion of the $30 Billion CARES Act Provider Relief Fund monies, with little or no notice or detail. While these monies may have been automatically deposited into your bank account and are considered a grant rather than a loan or payment advance by the government, in order to accept these funds, you must attest to a series of...
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