Human Resources & Staff Management | Personal Wealth & Finances | Practice Finances Implications of New CARES Act Stimulus Bill for Practices The newly passed federal Coronavirus Aid, Relief, and Economic Security (CARES) Act has significant implications for medical practices, including financial support for small businesses and changes to retirement plan administration requirements. Our Curi Capital team summarizes the implications of the act for small businesses and individuals in three articles: Congress Passes $2.1 Trillion CARES Act in Response to the COVID-19 Epidemic Understanding the Retirement Plan Provisions of the Federal CARES Act Economic Injury Disaster vs. Paycheck Protection Plan Loans During COVID-19: Exploring What’s Best for Your Practice News & Knowledge All Curi recommendations are based on current CDC criteria at the time of publication. CDC guidance for SARS-CoV-2 infection may, or may not, be adopted by state and local health departments to respond to rapidly changing local circumstances. Providers should always check with their local health department to see if the CDC’s guidance on any given topic has been modified (particularly if more restrictive) from the CDC’s recommended guidelines. Follow this link https://www.cdc.gov/publichealthgateway/healthdirectories/index.html for contact information to your state/local health department. If local recommendations vary from those of the CDC, and you are unsure what recommendations to follow, then it is safer to follow the more restrictive guidelines/recommendations.