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COVID-19 Industries

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The American Rescue Plan launches Restaurant Revitalization Grants

The American Rescue Plan Act addresses a plethora of issues and industries, from vaccinations and testing to schools and airlines. It also provides much needed relief for the beleaguered restaurant industry through Restaurant Revitalization Grants.

A last-minute expansion of the Paycheck Protection Program (PPP) via the American Rescue Plan

The American Rescue Plan expands eligibility for Paycheck Protection Program loans to several types of organizations, including labor unions and agricultural organizations, and adds $7.5 billion in funding for those entities. Qualifying organizations must act quickly as the application deadline is March 31, 2021.

Breaking News: The Paycheck Protection Program (PPP) will re-open next week

Breaking News: Earlier today (January 8, 2021), the U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced the Paycheck Protection Program (PPP) will re-open to eligible borrowers next week.

Unnecessary Necessity Questionnaires and PPP2

Lenders are being required by SBA to send Loan Necessity Questionnaires to borrowers with Paycheck Protection Program (PPP) loans of $2 million or more. There are also questions surrounding a second round of PPP loans.

Provider Relief Funds: Post-Payment Notice of Reporting Requirements

Recipients of provider relief funds agreed to Terms & Conditions, which require compliance with reporting requirements as specified by the Secretary of Health and Human Services in program instructions. Our team of healthcare experts break down some of the requirements here!

2020-10-12T12:43:10-04:00October 5th, 2020|COVID-19, COVID-19 Industries, Healthcare|

Are skilled nursing providers leaving revenue on the table?

As if payment reform wasn't enough, a pandemic came along to add to the challenges of managing revenue in the post-acute industry. Even though COVID-19 has demanded the attention of long term care providers everywhere, make sure you make managing payer contracts and examining your charge master a priority!

2020-10-12T12:43:10-04:00September 23rd, 2020|COVID-19, COVID-19 Industries, Healthcare|

How confident are you in your revenue cycle (during a Pandemic)?

Managing a health system's overall revenue cycle performance is an extremely complex task, especially during a pandemic. Does your organizations leadership have confidence in your revenue cycle management during these uncertain times?

2020-09-08T16:02:59-04:00September 8th, 2020|COVID-19, COVID-19 Industries, Healthcare|

Paycheck Protection Program (PPP) Loan Forgiveness

With hundreds of questions under our belt, we think we know the Top Ten issues currently irritating borrowers about Paycheck Protection Program (PPP) loans and their forgiveness. Here are our thoughts on the Top Ten.

Accounting for COVID-19 Pandemic Relief Packages – Higher Education

Updated: 05/21/2020 An in-depth breakdown of COVID-19 pandemic relief package accounting considerations customized for higher education institutions.

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