Last week, the IRS clarified in a Frequently Asked Questions memo that for-profit healthcare providers who received grants through the COVID-19 Provider Relief Fund must include said payments as part of their gross income...more
7/23/2020
/ Coronavirus/COVID-19 ,
Guidance Update ,
Health Care Providers ,
Healthcare Facilities ,
Hospitals ,
Income Taxes ,
IRS ,
Physicians ,
Popular ,
Provider Relief Fund ,
Tax Liability
Last week, CMS Administrator Seema Verma announced that approximately $30 billion from the CARES Act’s $100 billion hospital relief fund would be distributed to providers directly, based on past Medicare revenues. On April...more
4/14/2020
/ CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Fee-for-Service ,
Financial Stimulus ,
Health Care Providers ,
Healthcare Facilities ,
Medicare ,
Reimbursements ,
Relief Measures