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PROVIDER RELIEF FUNDING PHASE 3

Volume 20.32 The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), has announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. Under this Phase 3 General...

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COST REPORT FILINGS EXTENDED AGAIN

Volume 20.25 Cost report filings for the cost reporting period ended December 31, 2019 have been further extended from July 31, 2020 until August 31, 2020.  This information has been posted on the CGS website.  Expect further postings from CMS and other Medicare...

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EXPECT EXPANDED PPP LOAN FORGIVENESS

Volume 20.21 Last night, the U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation (“Paycheck Protection Flexibility Act”).  The legislation will triple the time allotted for PPP loan recipients to spend the funds and still qualify for...

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SBA RELEASES PPP LOAN FORGIVENESS APPLICATION

Volume 20.18 On Friday, May 15, 2020, the SBA released the PPP Loan Forgiveness Application.  A copy of the application and instructions is available here. The Application sets forth the documentation required to verify expenses for purposes of the forgiveness...

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