On September 3, 2020, HHS announced the details of a $2 billion Provider Relief Fund (PRF) performance-based incentive payment distribution to qualifying nursing facilities. Unlike previous distributions to nursing...more
The IRS announced, through its FAQ page, that for-profit healthcare providers, including hospitals and physician practices, will have to pay federal income taxes on any distributions they receive from the Public Health and...more
7/24/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Health Care Providers ,
Hospitals ,
Income Taxes ,
IRS ,
New Guidance ,
Paycheck Protection Program and Health Care Enhancement Act ,
Physicians ,
Popular ,
Provider Relief Fund
On April 7, 2020, CMS announced it has approved nearly $34 billion in requests from over 17,000 healthcare providers and medical equipment suppliers through the expansion of the Accelerated and Advance Payment Program (the...more