INDUSTRY INSIGHTS
Here you will find answers to frequently asked questions
and recent articles we have written.
FAMILIES FIRST CORONAVIRUS RESPONSE ACT
Congress passed emergency legislation (HR 6021) that allows for additional benefits to employees in this crisis. Eligibility for these benefits is restricted to issues related to the COVID-19 crisis. We expect there will be guidance and clarification on many issues...
CMS ACCELERATED AND ADVANCE PAYMENTS PROGRAM
UPDATE APRIL 27: On April 26, the Centers for Medicare & Medicaid Services (CMS) announced that it is reevaluating the amounts that will be paid under its Accelerated Payment Program and suspending its Advance Payment Program effective immediately. The agency...
PAYROLL PROTECTION PROGRAM WALK THROUGH
This page attempts to provide the details how the Payroll Protection Program works and is followed by example calculations. It is not legal advice on how to process a PPP loan which should only be undertaken with assistance from a qualified accountant. STEP ONE –...
PAYROLL PROTECTION PROGRAM EXAMPLE CALCULATIONS
The following are simply a few made up examples of how the forgiveness program works, which is how you determine your ultimate pay back responsibility. It is obvious that the many variables in the program can change how this loan works. Sample Calculation #1 You...
COMPLETING THE PPP APPLICATION
A sample application can be found here. For purposes of calculating “Average Monthly Payroll”, most Applicants will use the average monthly payroll for 2019, excluding costs over $100,000 on an annualized basis for each employee. For new businesses, average monthly...
PAYROLL PROTECTION PROGRAM
In general, this program is designed to help you retain your employees in the economic downturn related to the COVID-19 crisis by providing up to eight weeks of federally guaranteed loans that are forgiven, with stipulations, if you continue to pay your employees. A...
COMPLETING THE PPP APPLICATION
A sample application can be found here. For purposes of calculating “Average Monthly Payroll”, most Applicants will use the average monthly payroll for 2019, excluding costs over $100,000 on an annualized basis for each employee. For new businesses, average monthly...
CARES ACT SUMMARY
The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act provides $2 trillion in emergency aid to businesses and individuals impacted by the COVID-19 crisis. The 880-page legislation is very complex. The content below is our best explanation and...
CARES ACT SUMMARY
The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act provides $2 trillion in emergency aid to businesses and individuals impacted by the COVID-19 crisis. The 880-page legislation is very complex. The content below is our best explanation and...
COVID-19 PRACTICE GUIDELINES
If you decide to stay open, the following would be reasonable things to do. Significantly increase sanitation efforts in the office, which everyone has likely already done. Disinfect after all encounters. You are taking precautions, make your customers/patients do...
SMALL BUSINESS DISASTER LOANS
The U.S. Small Business Administration (SBA) is providing Economic Injury Disaster Loans (EIDL) of up to $2 million to for small businesses affected by disaster to help meet working capital needs or normal business operating expenses through the recovery period....
TWC SHARED WORK PROGRAM
The Texas Workforce Commission Provides an Alternative to Layoffs During COVID-19 The Texas Workforce Commission (TWC) is encouraging employers to enroll in Shared Work program as an alternative to layoffs. The voluntary Shared Work program was developed to help Texas...
FAMILIES FIRST CORONAVIRUS RESPONSE ACT (FFCRA)
Congress passed emergency legislation (HR 6021) that allows for additional benefits to employees in this crisis. Eligibility for these benefits is restricted to issues related to the COVID-19 crisis. The acts do not take effect until April 1 and there are many areas...
SMALL BUSINESS DISASTER LOANS
The U.S. Small Business Administration (SBA) is providing Economic Injury Disaster Loans (EIDL) of up to $2 million to for small businesses affected by disaster to help meet working capital needs or normal business operating expenses through the recovery period....
FROM THE DESK OF JOE DELOACH, CEO
I am not an attorney or epidemiologist; I am not an expert here – this is all my educated opinion. My advice up until yesterday was pretty clear but every hour the insanity increases, and the advice gets more blurred. I will try to tell you what we KNOW, think we...
TELE-SERVICES SUMMARY
There are many new developments related to telehealth services and some new issues directed related to the COVID-19 crisis. Let’s review what was in place before the new CMS decision related to our current health care crisis then we can summarize what recently...
COVID-19 HR GUIDELINES
Below are some general pointers for managing staff: Your employees have a right to say they do not want to increase their exposure and want to stay home. In most cases this is job abandonment, but I think in this case honoring their request and welcoming them back...
CLIENT ALERT COVID-19
PCS has been reluctant to comment on the current COVID-19 situation due to the constantly changing nature of this national issue. In this short statement, amid the combination of truth and paranoia we are all facing, we wish to provide some clarity on a few confusing...
EMAIL AND YOUR PATIENTS
Communicating with patients is an important part of your practice but you must make sure you follow HIPAA guidelines. When we talk about communication through email, it basically falls into 3 categories: FROM the patient TO the patient To a Third Party (anyone else...
END OF SUPPORT FOR WINDOWS 7
As of January 14, 2020, Microsoft will be ending support for Windows 7 and this could affect your practice, if you have computers still using Windows 7. The HIPAA Security Rule requires that all Covered Entities must perform “periodic security updates” and have...
