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In March 2020, Curi made the decision to suspend all premium invoicing until June 30, 2020, in order to help our policyholders navigate the financial hardships…
Our Curi partner and HR consulting organization CAI has compiled several resources for understanding the act and how it will impact businesses and their staff. Here’s…
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…
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…
No. If you were a previous policyholder who retired and plan to come back to work to help during this National Emergency, you can rest assured…
Yes. Curi has no plans to modify or restrict current coverage as it relates to COVID-19 patient claims. As always, coverage is subject to your policy’s…
In the wake of the COVID-19 crisis, many medical practices are struggling with larger outbound cash obligations as they work to preserve their businesses. In particular,…
THE ENDING OF THE PUBLIC HEALTH EMERGENCY The Public Health Emergency (PHE) officially ended on May 11, 2023, marking the end of a 3-year worldwide pandemic….
Click here to download the PDF slide deck.
Curi recently hosted a six-week series of webinars designed to help practices weather the COVID-19 crisis with information and actionable guidance. Every Thursday from April 30th…
Curi’s Senior Vice President of Health Policy, Sam Cohen, and our Senior Vice President of Finance, Ben Remke, discuss how practices facing COVID-based financial hardship can access funds from federal initiatives such as the Paycheck Protection Program and the Main Street Lending Program.
Dimitri Eliopoulos and Joe Dillon from Curi Capital walk through what practices can do with their retirement plans today to manage the economic fallout from the pandemic and how they can plan for the future.
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law. In addition to providing direct financial assistance to Americans, the CARES Act repeals the Medicine Cabinet Tax provision of the Affordable Care Act (ACA), expanding the list of qualifying expenses that can be purchased with health savings accounts (HSAs).
Employees may be eligible to “freeze” cash balance pension plans to eliminate “normal cost,” which is typically the largest component of a plan’s required contribution.
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.
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The Curi team summarizes initial takeaways and implications of the act for businesses and individuals in three separate articles.
Curi partner and HR consulting organization CAI provides resources for understanding the act and how it will impact businesses and their staff.
Rent costs have become a significant burden for practices that are experiencing a loss of revenue during this time. Curi has curated guidance on how to mitigate this challenge and minimize long-term negative financial impact.
Our Curi Capital team summarizes the act passed on March 27, including key takeaways and implications for small businesses and individuals.
Our financial advisory affiliate is offering support services to all Curi members during this time of need at no additional charge.
Curi has three options to support our insureds with financial hardships associated with the COVID-19 pandemic.
The federal Department of Health and Human Services has reopened the Provider Relief Fund portal for Period 1 reporting, from Dec. 13 until Dec. 20. In addition, Period 2 reporting begins…
HHS last week began releasing $7.5 billion for providers who serve rural Medicaid, CHIP, and Medicare beneficiaries. The funds, which are disbursed from the American Rescue Plan (ARP),…
Nov. 30 marks the end of the 60-day grace period for providers to submit reporting requirements for the first reporting period of the Provider Relief Fund. The…
HHS yesterday opened the Provider Relief Fund Application and Attestation Portal, which providers can use to apply for a new round of $25.5 billion in funding for providers…
The U.S. Department of Health and Human Services last Friday announced a new round of $25.5 billion in funding for providers affected by the COVID-19 pandemic. The funds…
Curi today presented a webinar entitled, “Getting It Right: Using and Reporting on Provider Relief Fund Grants.” The session, led by healthcare attorney Robert Shaw of the firm…
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…
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.
The North Carolina Medical Society Foundation is hosting a webinar on Nov. 10 to offer an overview of the state’s Financial Recovery Program.
The U.S. Department of Health and Human Services last week updated its guidance on Provider Relief Fund grants, removing earlier limits on providers’ ability to use the money…
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.
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.
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.
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.
The federal Department of Health and Human Services today announced an additional $20 billion in funding for providers. Beginning Oct. 5, providers that have already received Provider…
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…
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…
The U.S. Department of Health and Human Services has released details about reporting requirements and auditing for the CARES Act Provider Relief Fund. HHS has also moved the…
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…
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.
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.
CMS has announced that it will resume Medicare Fee-For-Service (FFS) medical review Aug. 3, regardless of the status of the COVID-19 public health emergency. The audits had been…
The federal Department of Health and Human Services has released guidance on reporting requirements for practices that received more than $10,000 from the CARES Act Provider…
Just days before the July 15 federal tax filing deadline, the IRS has announced that for-profit healthcare providers that received Provider Relief Fund money will have to pay…
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…
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…
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,…
In an update to its CARES Act FAQs, HHS has clarified that Provider Relief Fund recipients do not need to submit a quarterly report, although future…
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…
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,…
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…
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…
Curi’s six-week series of webinars designed to help practices weather the COVID-19 crisis continues tomorrow, with Curi’s Sam Cohen and Ben Remke presenting “Keeping the Doors…
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…
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…
Register for “Planning for the Future While Living in the Present: Managing Your Practice’s Retirement Plan During COVID-19,” presented by Dimitri Eliopoulos and Joe Dillon from Curi Capital.
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.
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…
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.
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…
In addition to the guidance on resuming non-emergent care we shared yesterday from CMS and the American Society of Anesthesiologists, the American College of Surgeons has released a surgical resource document for facilities…
As the medical community looks ahead to when pandemic restrictions begin to lift, government entities and other organizations are starting to offer recommendations for how to…
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.
In an op-ed published today, Curi CEO Dale Jenkins—along with former FDA Commissioner Dr. Mark McClellan and LabCorp Executive Chairman and former CEO David King—propose some steps needed…
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…
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…
Curi’s full-service financial advisory firm, Curi Capital, offers guidance to practices with cash balance pension plans on how they may freeze accruals to temporarily free up…
Today, we’re delighted to share a new tool designed to help you run your practice during this time of uncertainty: Curi’s Business Resource Guide, which offers…
Curi partner CAI has updated the decision tree we shared yesterday, with new guidance on employers’ responsibilities under the FFCRA and the Coronavirus Aid, Relief, and…
The American College of Surgeons has released triage guidelines for elective surgeries.
The U.S. Department of Labor has announced that it is producing a webinar on the implications of the Families First Coronavirus Response Act (FFCRA) for employers…
Curi partner CAI has produced a decision tree to guide employers through their responsibilities under the new Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief, and Economic Security (CARES) Act.
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)…
Continuing Curi’s analysis of how the new CARES Act stimulus law will affect practices, today we examine what it means for retirement plans and small business finances.
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…
The U.S. Department of Labor has updated its FAQ guide with details about two issues: who qualifies as a health care provider for issues related to paid sick…
Click here to see Curi’s guidance for practices considering seeking rent relief in the face of COVID-19-related financial hardships.
A new resource from the AMA offers guidance on applying the optimal coding practices during the COVID-19 crisis.
Our financial advisory firm, Curi Capital, is offering all Curi members a range of support services for individuals and practices at no charge during the outbreak.
We have developed three options to support our policyholders with financial hardships associated with COVID-19: temporary practice closing, furloughing providers, and premium relief.
CMS yesterday approved section 1135 Medicaid waivers for 11 states, including New Jersey, North Carolina, and Virginia. (Florida had a waiver approved on March 16.) These waivers cover issues such as provider enrollment, pre-admission screening and annual assessments for nursing facility residents, the provision of services in alternative (unlicensed) facilities, and prior authorization requirements.
The human resources consulting organization CAI, a Curi partner, has compiled a “Coronavirus Command Center” full of resources that can help you with employee management and other human resources issues during this crisis. Of special interest, they have just published a guide to the HR implications of the new federal Families First Coronavirus Response Act (FFCRA), including issues of paid and emergency leave, furloughs and layoffs, and FMLA.
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