As physician practices are in the midst of calculating and distributing 2022 year-end bonuses to physician employees and profits to owners, practices providing Designated Health Services ("DHS"), such as laboratory testing, diagnostic radiology... Read More
As part of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, the United States Small Business Administration (“SBA”) created the Paycheck Protection Program (“PPP”) that helped businesses keep their workforces employed... Read More
On June 9, 2020 the U.S. Department Health and Human Services (“DHHS”) announced that it was allocating a total of $15 Billion in Provider Relief Fund payments to Medicaid or Children’s Health Insurance Program (CHIP) providers who have been... Read More
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... Read More
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... Read More
$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... Read More
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... Read More
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... Read More
No Action Required for All Medicare Providers to Receive Funds - But Significant Conditions on Use of Funds Must be Followed On Thursday, April 9, The U.S. Department of Health and Human Services provided details of the release of $30 billion of... Read More
On Monday April 6, the New Jersey Economic Development Authority (NJEDA) announced details of its COVID-19 Small Business Emergency Assistance Loan Program (SBEALP.) The SBEALP allows a New Jersey business with annual revenues up to $5 million that... Read More