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INDUSTRY INSIGHTS

June 4, 2020

On Wednesday evening, June 3, the U.S. Senate unanimously passed legislation that seeks to fix the Paycheck Protection Program (PPP) for small businesses under the CARES Act. This new bill, known as the Paycheck Protection Flexibility Act, will ease restrictions of the PPP program and is on its way to President Trump’s desk for signing […]

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May 26, 2020

This webinar focused on the following 2 questions: 1. What is working in building a business currently? What is not working? 2. What are your best 2 to 3 pieces of advice for growing business in this era? This webinar has 4 great panelists including: Amber McGraw Walsh, Partner at McGuireWoods Sheila Matuscak, Co-Founder/CEO of […]

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May 26, 2020

 This webinar discussed two questions: 1. Your three best thoughts on business survival and leadership right now. 2. What does recovery look like? What should companies do to prepare for it? This webinar has 5 great panelists including: Holly Buckley, Partner Chair of Life Sciences and Healthcare McGuireWoods Tom Gimbel, CEO LaSalle Network Christian […]

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May 8, 2020

The Department of Health and Human Services has extended the deadline for healthcare providers to attest to receipt of grant payments from the Provider Relief Fund and accept the Terms and Conditions. Providers will now have 45 days, increased from 30 days, from the date they receive a payment to attest and accept the Terms […]

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May 5, 2020

Agreement extends Smith+Nephew’s ‘Positive Connections’ program to offer ASC customers educational, advisory and financial services 5 May 2020 Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology business, today announces a strategic partnership with St. Louis-based National Medical Billing Services (National Medical) to provide revenue cycle management (RCM) solutions to Ambulatory Surgery Centers (ASCs) across the US. […]

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May 1, 2020

On April 30th, CMS announced round two of sweeping regulatory changes including further expansion of Telehealth services. Key Telehealth expansions include: Expand providers approved to deliver telehealth services  In addition to doctors, nurse practitioners, and physician assistants, now other practitioners are able to provide telehealth services, including physical therapists, occupational therapists, and speech language pathologists. […]

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April 30, 2020

Today, the Centers for Medicare & Medicaid Services issued another round of sweeping regulatory waivers and rule changes to deliver expanded care to the nation’s seniors and provide flexibility to the healthcare system as America reopens. These changes include making it easier for Medicare and Medicaid beneficiaries to get tested for COVID-19 and continuing CMS’s […]

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April 27, 2020

A total of $50 billion of the Provider Relief Fund is allocated for general distribution to Medicare facilities and providers impacted by COVID-19. The initial $30 billion was distributed between April 10 and April 17, and the distribution of the remaining $20 billion began Friday, April 24, 2020.   Last week, HHS announced the release […]

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April 27, 2020

On April 26th, CMS announced that it is suspending its Advance Payment Program for Part B providers effective immediately and will re-evaluate any pending applications. This change comes as a result of the recently passed Paycheck Protection Program and Health Care Enhancement Act which allocated an additional $75 billion in funds for providers. This replenishment […]

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April 24, 2020

Today, President Trump signed into law a $484 billion stimulus package that that will replenish the Paycheck Protection Program under the CARES Act along with additional provisions for healthcare funding and Covid testing.   This stimulus has allocated an additional $310 billion for the Paycheck Protection Program (PPP) under the Small Business Administration which ran […]

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