Practice Management

Practice Management 

Employment Issues

  • NECoMG’s Law Firm
    Sally Kaplan Levy, Esq.
    Anker & Levy, P.C. 155 Federal Street | Suite 703 | Boston | Massachusetts 02110
    direct 617.247.3107 | main 617.247.3100 | fax 617.247.3102 | cell 617.549.5236
    email slevy@anknerlevy.com |http://www.anknerlevy.com/

Additional law firms

Employees may find the above site helpful related to changes in their work status and other employee concerns.

The Betsy Lehman Center, the Massachusetts Medical Society and the Massachusetts Board of Registration in Medicine have compiled a resource for outpatient practices.  The document is composed of three sections:  (1) Preparing for Modified Office Practice  (2) Managing Urgent On-site Patient Visits  (3)  Supporting the Emotional Needs of Patients, Clinicians, and Staff.

https://betsylehmancenterma.gov/assets/uploads/COVID19Info_MedicalOfficePractices_2020-04-01.pdf


CMS Announces New Repayment Terms for Medicare Loans Made to Providers During COVID-19


MAPCAP addressing financial challenges of independent primary care practices


To Providers and Office Managers,

The Massachusetts Medical Society published an updated Financial Resources Guide for Practices to reflect the recent changes to the Paycheck Protection Program,  the CARES Act Provider Relief Fund and the Accelerated and Advance Payment Program.

http://www.massmed.org/Patient-Care/COVID-19/Financial-Resources-for-Practices-During-COVID-19/

Key sections include:
Paycheck Protection Program – page 3
April 24 – approved new legislation for the Paycheck Protection Program funding

Provider Relief Fund  – page 9
April 24 – in addition to the $30 billion paid on April 10th, another $20 billion will be allocated so that the total $50 billion distribution represents a provider’s share of net patient revenue in 2018

Advanced Payment (AAP) Program  – page 11
April 26 – CMS announced that it would suspend its Accelerated and Advanced Payment Program for Part B suppliers effective immediately and reevaluate the amounts that will be paid under the program

Please see the document for more details on the above programs as well as other funding sources and financial relief programs.

Below are additional links with some of the same information in a different format:


Phase 3 General Distribution

 
HHS announces $20 billion in new funding for providers on the frontlines of the coronavirus pandemic; under this Phase 3 General Distribution allocation, providers that have already received Provider Relief Fund payments will be invited to apply for additional funding that considers financial losses and changes in operating expenses caused by COVID-19. Previously ineligible providers, such as those who began practicing in 2020, and an expanded group of behavioral health providers, will also be eligible to apply. Providers can begin applying for funds on Monday, October 5, 2020
Click here for more information.