To Our Healthcare Clients,
For those battling the COVID-19 virus on the front lines, we extend our deep appreciation and best wishes. Thank you for all you are doing to keep us safe.
As for those who have seen their volumes reduced drastically, or entirely, we offer our support to assist you in securing loans and managing overhead during this unprecedented crisis.
In addition to our email blast outlining the Payroll Protection Program and Economic Injury Disaster Loan, we want to inform you the Centers for Medicare & Medicaid Services (CMS) have expanded their current Accelerated and Advance Payment Program to a broader group of Medicare Part A providers and Part B suppliers. The expansion of this program is for the duration of the public health emergency. The advancement is equal to three or six months of Medicare reimbursement, with a generous 120 day deferment and 210 day repayment (interest free). Please click
for more information.
We also encourage you to manage and reduce your insurance costs during this period as needed. We are working with our trusted partner Acadia Professional related to options for reducing our clients malpractice insurance. They posted content on how the insurance companies are handling the crisis, which you can find more about
. Please feel free to reach out directly to Brian Kern at
for further assistance.
Stay safe and healthy,