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Search Results for: paycheck protection program

Federal Government Re-Opens Paycheck Protection Program, Issues New Guidance

The U.S. Department of the Treasury and the Small Business Administration this week re-opened the Paycheck Protection Program. The program opened on Jan. 11 for businesses that…

Small Business Administration Modifies Paycheck Protection Program Application Process

The U.S. Small Business Administration this week updated several elements of the application process for Paycheck Protection Program (PPP) funding, including establishing a 14-day, exclusive application period for…

Small Business Administration Issues Regulations for Implementing Paycheck Protection Program Flexibility Act

The federal Small Business Administration (SBA) has released its first set of regulations implementing the new Paycheck Protection Program (PPP) Flexibility Act, which became law late last…

New Law Modifies Elements of Paycheck Protection Program

President Trump on Friday signed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which updates provisions of the original law for small businesses. While the law…

New Paycheck Protection Program Loan Forgiveness FAQs Issued

The federal Small Business Administration has issued new FAQs addressing borrower and lender questions about forgiveness for Paycheck Protection Program loans. To view the FAQs, click here.

Paycheck Protection Program Application Deadline Extended

President Trump on Saturday signed a new law extending the application deadline for the Paycheck Protection Program (PPP) until Aug. 8. The application deadline was originally June 30.

Small Business Administration Announces Increased Disclosure About Paycheck Protection Program Recipients

The U.S. Small Business Administration on Friday announced that it will publish details about recipients of Paycheck Protection Program (PPP) funds. SBA will disclose business names,…

Paycheck Protection Program Loan Forgiveness Application Available

The U.S. Small Business Administration has released an application that recipients of Paycheck Protection Program (PPP) funds can use to seek forgiveness for those loans. The…

Get Ready to Apply for the Paycheck Protection Program

We continue to urge practices to be ready to apply for federal Paycheck Protection Program funds likely coming available later this week as part of the evolving second-round…

Paycheck Protection Program Signed Into Law

President Trump earlier today signed into law another interim COVID-19 relief bill, which includes an additional $310 billion for the Paycheck Protection Program for small businesses.

Preparing for Second Round of Federal Paycheck Protection Program  

With Congress in the final stages of negotiating a second round of Paycheck Protection Program (PPP) funds to help small businesses, we urge practices to be ready to…

Paycheck Protection Program Application Now Available

The U.S. Department of the Treasury today released the guidelines and application form necessary to apply for and receive loans under the Paycheck Protection Program (PPP)…

Understanding the Paycheck Protection Program (PPP)

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Paycheck Protection Program Guidance for Employees Refusing to Return to Work

This document provides Paycheck Protection Program guidance regarding employees who refuse to return to work after a business reopens.

Response Deadlines for Federal Financial Support Programs Extended

Deadlines have been extended for two federal programs created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act that providers and practices can use for…

Main Street Lending Program

The Federal Reserve yesterday provided new information about the Main Street Lending Program, which is designed to target midsize businesses too large to qualify for the Paycheck Protection Program…

North Carolina Job Retention Grant Program Application Deadline Next Week

North Carolina practices have until next Tuesday, Sept. 1, to apply for funds through the state’s Job Retention Grant (JRG) Program, which offers up to $250,000…

Curi Webinar on Practice Financing Options

Curi’s webinar series continues next Thursday, May 7, with “Keeping the Doors Open in a Pandemic: Practice Financing and Relief Funds.” Curi’s Senior Vice President of…

New Law Extends PPP Application Period

President Biden last week signed into law a two-month extension of the application period under the Paycheck Protection Program (PPP). Business owners now have until May…

Federal Government Streamlines PPP Loan Forgiveness Application for Small Businesses

The U.S. Small Business Administration last week announced a new, simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less.

Small Business Administration Clarifies Guidance on Ownership Changes for Small Businesses With PPP Loans

The U.S. Small Business Administration has issued guidance clarifying when small businesses with Paycheck Protection Program loans need to receive approval for changes of ownership.

Federal Government Releases PPP Loan Data

The U.S. Small Business Administration (SBA) yesterday released data about recipients of loans made under the Paycheck Protection Program (PPP). For businesses receiving $150,000 or more in PPP funds, SBA…

Curi’s Resources for Running Your Business During COVID-19

Curi has partnered with Medical Management Associates, Inc. and Smith Anderson to develop a dedicated Business Resource Guide for practices during this time. The comprehensive guide offers advice on planning for your practice’s future, managing finances during the health crisis, furloughing or terminating staff, and meeting your commitments to employees.

Will there be liability protection for administering vaccines?

Yes. According to “The PREP Act and COVID-19: Limiting Liability for Medical Countermeasures,” during a public health emergency, the Secretary of Health and Human Services (HHS)…

Deadline for North Carolina Independent Practices to Order Free PPE This Sunday 

Independent practices in North Carolina have until this Sunday, Nov. 15, to order free personal protective equipment provided by the North Carolina Medical Society.

Free PPE Available to Independent Practices in North Carolina

The North Carolina Medical Society is offering free personal protective equipment for independent practices. The available PPE includes N95 masks, KN95 masks, procedure masks, gowns, gloves,…

Should pediatric practices administer the flu vaccine to parents/guardians during the COVID-19 pandemic?

Ideally, parents of pediatric patients should receive the flu vaccination from a provider who treats adults. However, immunizing the parent in the pediatric office, especially during…

North Carolina Medical Society Distributing Free PPE to Independent Practices

The North Carolina Medical Society (NCMS) last week announced that it is distributing free personal protective equipment (PPE) to independent medical practices in the state, via…

Understanding the Federal Coronavirus Aid, Relief, and Economic Security Act (‘‘CARES Act’’)

The Curi team summarizes initial takeaways and implications of the act for businesses and individuals in three separate articles.

What are the implications of the federal “CARES” Act/stimulus bill for my practice?

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…

Implications of New CARES Act Stimulus Bill for Practices

Our Curi Capital team summarizes the act passed on March 27, including key takeaways and implications for small businesses and individuals.

Practice Financing Updates—Main Street Lending Program & CARES Act Allocations

Larger practices seeking financial support during the health crisis may apply for relief via the Federal Reserve’s Main Street Lending Program. In addition, HHS has begun…

Main Street Lending Program Now Fully Operational

The Federal Reserve Bank of Boston today announced that the Main Street Lending Program, which will lend up to $600 billion to small and midsize businesses affected by the…

Federal Reserve Opens Main Street Lending Program for Small and Midsize Businesses

The Federal Reserve has opened its Main Street Lending Program, which will lend up to $600 billion to small and midsize businesses affected by the COVID-19 pandemic,…

Deadline Tonight for North Carolina Financial Support Program for Practices

The deadline for North Carolina’s state-funded Financial Recovery Program, which offers financial support to practices experiencing financial strain due to the COVID-19 pandemic, is midnight on Nov. 30.

Application Period Begins for North Carolina Financial Support Program for Practices

North Carolina’s state-funded Financial Recovery Program, which offers financial support to practices experiencing financial strain due to the COVID-19 pandemic, is now accepting applications.

Changes to Medicare Accelerated and Advance Payments Program Repayment Terms Benefit Providers

Revisions to the repayment provisions of the Medicare Accelerated and Advance Payments program have been included as part of a federal government funding bill signed into law this…

Federal Reserve Updates Main Street Lending Program FAQs to Encourage Broader Lending

The Federal Reserve on Friday updated the FAQs for the Main Street Lending Program to encourage banks to consider borrowers’ pre- and post-pandemic financial condition when reviewing loan…

Georgia Governor Signs Bill With Healthcare Liability Protections

Georgia Gov. Brian Kemp yesterday signed into law a bill that includes civil liability protections for healthcare providers. The new law, which is in effect throughout…

Who needs personal protective equipment (PPE)?

As communities across the U.S. take steps to slow the spread of COVID-19 by limiting close contact, people are facing new challenges and questions about how…

COVID-19 Accelerated and Advance Payment Program Repayment Period Begins

The repayment period began last week for the COVID-19 Accelerated and Advance Payment (CAAP) Program. CAAP, enacted in March 2020, was designed to provide advance funds…

North Carolina Financial Recovery Program Webinar

The North Carolina Medical Society Foundation is hosting a webinar on Nov. 10 to offer an overview of the state’s Financial Recovery Program.

Federal Small Business Administration Reopens Loan Program for Businesses Affected by COVID-19

The U.S. Small Business Administration yesterday reopened the Economic Injury Disaster Loan (EIDL) program and the EIDL Advance portal. The EIDL offers long-term, low-interest loans to…

Protections for Medical Volunteers in CARES Act

One provision of the CARES Act provides limited liability protection for doctors who volunteer across state lines during the pandemic—offering a boost for efforts to put providers where…

Quality Payment Program Reporting

The Centers for Medicare and Medicaid Services yesterday announced relaxed reporting requirements for the Quality Payment Program. The measure, which aims to support providers and practices struggling to fight COVID-19, extends the deadline for measure reporting and data submission.

Once this national emergency has ended, what are Curi’s recommendations for implementing a compliant telehealth program?

Here are the steps we recommend: Check your specialty association for telehealth resources. For example, The American Academy of Pediatrics has “Getting Started in Telehealth” resource…

What are the benefits and risks of the vaccine?

The benefits and risks will vary by vaccine. Some general benefits of getting a COVID-19 vaccine include: It will help keep you from getting COVID-19. Based…

What steps does our practice need to take to receive/administer the COVID-19 vaccine when it is available?

Refer to CDC guidance on how to enroll as a healthcare provider and contact your state or local immunization program. States should be sending out notifications…

Provider Funding Support News

The general distribution application portal for the next round of $20 billion in funding from the federal CARES Act Provider Relief Fund is now live.

Who will pay for the vaccine?

This will depend on age, employment, and government-funded programs. According to the CDC, vaccine doses purchased with U.S. taxpayer dollars will be given to the American…

Pennsylvania Civil Immunity Executive Order

Pennsylvania Gov. Tom Wolf yesterday entered an executive order purporting to “provide civil immunity for healthcare providers” during the COVID-19 declared state of emergency. The extent…

What considerations should we use to guide us to determine our readiness to resume elective surgery?

There should be a sustained reduction in the rate of new COVID-19 cases in the relevant geographic area for at least 14 days, and the facility…

Georgia Issues Civil Liability Executive Order

Georgia Gov. Brian Kemp yesterday entered an executive order that, among other things, extended civil immunity from suit during the declared pandemic to “healthcare institutions and…

CMS Expands Support for Providers With Financial Challenges

CMS has released a fact sheet detailing how providers can quickly access funds through its Accelerated and Advance Payment Program. These funds may support practices and other entities…

Now that the Pfizer vaccine has received final approval by the FDA, does this affect the emergency use authorization (EUA) and does it change what we are currently doing?

No, it does not currently change what you are doing, and the EUA is still in effect since the FDA-approved Pfizer vaccine does not cover all…

HHS Allocates Additional Funding for COVID-19 Testing in Uninsured

HHS this week announced that it is directing $4.8 billion from the American Rescue Plan to the COVID-19 Uninsured Program. The funding will enable providers to…

Funeral Assistance Included in Most Recent COVID-19 Legislation

The American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, includes a provision extending financial assistance for COVID-19-related funeral expenses incurred…

Funeral Assistance Included in Most Recent COVID-19 Legislation

The American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, includes a provision extending financial assistance for COVID-19-related funeral expenses incurred…

CMS Relaxes MIPS Penalties Due to COVID-19 Public Health Emergency

The federal Centers for Medicare and Medicaid Services (CMS) last week announced that it will hold providers eligible for the Merit-Based Incentive Payment System (MIPS) harmless…

Does the vaccine provide longer immunity than being infected with COVID-19?

The protection someone gains from having an infection (called natural immunity) varies depending on the disease, and it varies from person to person. Since this virus…

Are we required to make accommodations if our employees refuse to take the vaccine?

Federal mandates do allow for some exemptions to mandatory vaccination policies, such as disabilities and sincerely held religious beliefs that may require reasonable accommodations to be…

CMS Extends Repayment Period for Medicare Loans to Providers During COVID-19

The Centers for Medicare and Medicaid Services has announced new terms for payments issued to providers through the Accelerated and Advance Payment (AAP) program, which provides emergency advance payments in emergency situations.

What should we tell patients who say that masks cause problems such as lack of oxygen or too much carbon dioxide?

Prolonged wearing of face masks by healthy individuals have not been shown to cause increase in carbon dioxide or lack of oxygen according to information provided…

Can physicians refuse to see patients who decline to wear a mask?

There are several factors to consider before making a general statement that anyone presenting without a mask will not be seen: First, medical staff should determine…

HHS Further Extends Provider Relief Fund Application Deadline for Medicaid Providers

The federal Department of Health and Human Services (HHS) on Friday extended until Aug. 28 the deadline for providers participating in Medicaid and CHIP (but not Medicare) to apply for support from the Provider Relief Fund.

Virginia Establishes COVID-19 Workplace Safety Mandate

The state of Virginia yesterday adopted the nation’s first mandatory workplace safety standards to keep people from being infected with the novel coronavirus at work. The measures include…

HHS Updates Provider Relief Fund FAQs

CMS has added new FAQs on the CARES Act Provider Relief Fund to its program website. The relevant questions concern additional information about the expenses and lost…

What steps should be in place for patient arrival in order to prepare for the reopening of the practice?

Consider establishing Non-COVID Care (NCC) zones to screen all patients for symptoms of COVID-19, including temperature checks. Require patients to complete Pre-screening COVID-19 Tool. Routinely screen…

If a practice wants to continue telehealth sessions after this national emergency has ended, what are the tasks to consider?

Contact your Curi Underwriter or Agent to discuss further with you. Consider where you plan to provide these services as some states may be restricted. Licensure…

What should we purchase before we reopen?

Touchless thermometers Personal Protection Equipment (regular masks, face shields, gowns, gloves, N95 masks, etc.) Office signs for direction and education Biohazard trash bags Test kits and…

What are some of the initial business operational steps we should take prior to reopening?

Identify a practice operations manager if you don’t have one. This will be the go-to person for anything related to operations at the practice. Confirm that…

New CMS Waivers and Rules

CMS yesterday announced a number of new regulatory waivers and rule changes to provide flexibility during the COVID-19 pandemic. The actions include changes making it easier for beneficiaries…

Provider Relief Fund Distributions

HHS has announced how it will allocate the remaining $70 billion from the Public Health and Social Services Emergency Fund under the CARES Act. $20 billion will be…

MIPS 2019 Submission Deadline Approaching 

As a reminder, the 2019 submission deadline for the Merit-Based Incentive Payment System (MIPS) is on April 30—extended from the original date of March 31 due to the COVID-19…

Curi Staffing Initiative Connects Physicians With Opportunities to Contribute 

Curi today unveiled a partnership with OnCall Physician Staffing to connect physicians looking for work with communities and healthcare systems in need of their expertise. Doctors can sign up for the program here.  

HHS Opens CARES Act Payment Attestation Portal  

HHS has released a new website allowing providers who have received payments under the CARES Act to confirm receipt of the funds and agree to the program’s terms and conditions. The portal is available here. 

HHS Provides Clarification on CARES Act Provider Relief Fund

HHS has updated its website for the CARES Act Provider Relief Fund to clarify that not having treated a suspected or actual COVID-19 patient does not…

COVID-19 Additional Information Resource Links

This list of resource links includes up-to-date information on the epidemic from organizations, including the CDC, World Health Organization, and state and local health departments.

Pennsylvania Bill Seeks Liability Protections for Physicians Treating COVID-19 Patients

A bill in the Pennsylvania legislature would protect healthcare providers from liability while treating or providing testing to COVID-19 patients (absent gross negligence, recklessness, or misconduct)….

Medical Societies Help Practices Identify New Sources of Personal Protective Equipment

The Medical Society of Northern Virginia has announced a partnership with Vulcan PPE to help its physician practices acquire necessary personal protective equipment. MSNVA member (and…

If I have an employee who has had unprotected exposure to a positive COVID patient, do they have to quarantine for 14 days?

Employees who have tested positive for COVID-19 within the past 3 months and recovered do not have to quarantine or get tested again as long as…

HHS OCR Issues Reminder About Media and Protected Health Information

The HHS Office of Civil Rights yesterday issued guidance for covered health providers reminding them that, even during the COVID-19 public health emergency, they are still…

Virginia Law Protects Physicians Seeking Mental Health Support  

Virginia Gov. Ralph Northam has signed a new law with implications for physicians managing stress and burnout during the COVID-19 health crisis. Under SB 120, physicians and other healthcare…

NC DHHS Interim Guidance for Use of Personal Protective Equipment (PPE) While Caring for Patients With Coronavirus

This guidance from NC DHHS was produced following the CDC’s updated PPE recommendations on March 10, 2020.

Why does Curi recommend using a COVID vaccine consent form when the FDA, the CDC and most states do not require a signed consent?

While many states do require parental/guardian consent for minors (check with your state for minor requirements to vaccinate), the FDA, the CDC, and individual states have…

What can I do to mitigate healthcare staffing shortages that have occurred as a result of COVID-19?

CDC has guidance documents on Strategies to Mitigate Healthcare Personnel Staffing Shortages. Healthcare facilities should have documented plans and processes in place to mitigate staffing shortages, including…

Now that the CDC has lifted mask requirements for fully vaccinated individuals, how will this affect healthcare settings?

Currently, per CDC guidelines, the use of personal protective equipment remains unchanged in healthcare settings, which includes physician offices. Detailed information can be found in the…

Does my policy cover telehealth?

Yes. Curi’s medical professional liability policy will cover telehealth visits for insured physicians during this declared National Emergency—extending, without conditions, for the later of either sixty…

Can we offer telehealth services in states where our physicians aren’t licensed?

Curi’s medical professional liability policy will cover telehealth visits for insured physicians during this declared National Emergency—extending, without conditions, for the later of either sixty (60)…

What are the technical infrastructure requirements of telehealth?

Telehealth is a valuable tool. Technical infrastructure requirements will vary depending on what type of telehealth services your organization plans to offer, but nearly all telehealth programs require:…

Does my policy with Curi cover telehealth?

Curi’s medical professional liability policy will cover telehealth visits for insured physicians during this declared National Emergency—extending, without conditions, for the later of either sixty (60)…

Have COVID-19 vaccine guidelines changed related to pregnancy?

On August 11, the CDC updated guidance for COVID-19 vaccines while pregnant or breastfeeding to recommend that all people aged 12 years and older who are…

OSHA Releases COVID-19 Healthcare Workplace Safety Rule

The U.S. Occupational Safety and Health Administration today released its COVID-19 Emergency Temporary Standard, with guidance about how to protect healthcare workers from contracting the virus…

Where can I get training for COVID-19 immunization?

The CDC offers education and training programs for healthcare personnel. Find more information on their dedicated Immunization Education and Training website.

Can we require our employees to take a COVID-19 vaccine?

The U.S. Department of Justice’s (DOJ) Office of Legal Counsel issued an opinion in July 2021 stating that federal law does not prohibit private businesses and…

Are there special requirements for storing the COVID-19 vaccine?

Yes. Depending on the manufacturer, there are specific requirements for storing vaccines. Knowing these requirements prior to requesting your vaccine is essential, so you can choose…

Are there guidelines to prioritize who gets vaccinated first?

Yes. The CDC has created guidelines for prioritizing vaccines, and each state has submitted a vaccination plan for how they will administer vaccines. Click here to…

HHS Delays Enforcement of Parts of Interoperability Rule

Citing the need for healthcare organizations to focus on responding to COVID-19, the U.S. Department of Health and Human Services yesterday announced that it is delaying enforcement of certain elements of the interoperability rules in the 21st Century Cures Act.

HHS Announces Updates to Provider Relief Fund

HHS today announced that it plans to distribute approximately $15 billion to eligible providers that participate in state Medicaid and CHIP programs and have not received…

Leadership in Support of Physicians and Care Teams

To lead ourselves, our families, practices, and communities through this uncertain time, we need to be vulnerable ourselves. Asking for help is a sign of strength. These resources provide practical strategies in the area of leadership.

Family Well-Being

These resources detail several strategies to help families of healthcare workers cope with increasing distress and concerns.

Is there anything specific a practice needs to do if they allow students to join their staff during the COVID-19 pandemic?

First, the practice should have each such student who is serving during the pandemic to sign the equivalent of a COVID-19 consent form, which can be…

Curi Telehealth Webinar Tomorrow

The third installment in Curi’s COVID-19 webinar series, “Telehealth Pre- and Post-COVID: Regulations, Telepresence, and Finding Success in This New Normal,” will take place at noon…

Curi Telehealth Webinar Next Week

The third installment in Curi’s COVID-19 webinar series, “Telehealth Pre- and Post-COVID: Regulations, Telepresence, and Finding Success in This New Normal,” will take place next Thursday,…

How should we communicate the reopening of our practice to staff?

It is now time for your practice to reopen to full capacity after being closed or having limited office hours. As soon as a date has…

Our practice hasn’t had a telehealth offering in the past. Is it possible to get something up & running ASAP?

Effective March 17, 2020, the U.S. Department of Health and Human Services Office for Civil Rights provided notice that during the COVID-19 nationwide public health emergency,…

What are the practice’s responsibilities if we find out a patient or employee tested positive?

If an employee (including physicians) or patient tests positive for COVID-19, you need to first determine the level of exposure. Potential exposure occurs two days prior…

If I have employees who are being tested or have confirmed COVID-19, when can they return to work?

There are two CDC strategies for determining when to allow healthcare personnel (HCP) to return to work (RTW): Symptom-based strategy (preferred) Test-based strategy (only recommended for…

What liability does our organization face as it relates to our staff by keeping our practice open for patients during this time?

The liability comes if you are not providing employees with what they need to safely provide care while following CDC and OSHA guidelines for managing potentially…

What are the new rules on implementing telehealth into practices during this time?

Effective March 17, 2020, the U.S. Department of Health and Human Services Office for Civil Rights (OCR) provided notice that, during the COVID-19 nationwide public health…

Is it ok to provide patients with a work notice to not return to work due to a compromised condition or status of their work environment?

We would recommend that you focus attention on patients with a compromised immune issue. Consider using the suggested sample notices linked below or one similar. In…

Do you have recommended language that we could use in patient medical records when cancelling elective procedures?

Here’s our recommended context and language for patient medical records: “On March 11, 2020, the World Health Organization declared the COVID-19 (Novel Coronavirus) viral disease to…

Should we leave COVID-19 testing to the hospitals and health departments?

This is a business decision, but the better practices are equipped to handle these cases and manage their own patients, the better for everyone. The health…

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