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Updates and FAQ’s for PPP Forgiveness
There continues to be many questions and concerns around the forgiveness of the PPP loans. Below is an overview of the forgiveness language and also new guidance that has been released this month that intends to further clarify your responsibilities under PPP for...
EMPLOYEE RETENTION CREDIT – ANOTHER POTENTIAL AVENUE FOR ASSISTANCE
The IRS announced there is an additional employer tax credit that is available to SOME employers. The credit is equal to 50% of qualified wages, up to $5,000 per employee ($10,000 in wages at 50%), and will be applied against the employer portion of FICA (employers...
Medicare ABN
As we have informed you previously, Medicare has not yet released the new ABN (Advanced Beneficiary Notice). The current ABN has an expiration date of 3/2020. CMS has indicated that we should continue to use the current form, even though it has expired until the new...
KBCE Special Meeting
Later this week, KBCE was due to meet for its regular May meeting. Due to a time change, this meeting has been canceled and a special meeting has been called. Click Here To Read The Notice. As always, the KAC will be attending this meeting and will be providing you...
HealthCare Reopening Guidance
Last evening Dr. Stack presented the requirements for Phase I reopening. Click here To View The Presentation. Below are the requirements as outlined in the governor's press release. In all phases, health care practitioners should still maximize...
Medicaid License Update
You will need to send your updated license to Medicaid prior to May 1, 2020. Medicaid now has a provider portal you will use to update your license. Some providers have reported this is not an easy process. The address for the Portal is located at the Partner...
PROVIDER RELIEF FUND PROVIDING $30 BILLION AND INCLUDES CHIROPRACTIC
The “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) will directly impact doctors who billed Medicare in 2019. The federal government has allocated $30 billion in “relief funds” that will include individual providers, including doctors of chiropractic....
Guidance For Chiropractic Reopening
The guidance for the reopening of chiropractic offices is currently being finalized. There are multiple suggestions for chiropractic, and those are being evaluated now. We do not know what the guidance will look like at this time, but once we have a clearer picture,...
Governor To Reopen Helathcare
Last night Governor Beshear announced that Monday there will be the starting of some limited healthcare services. There will be some more clarification, but at this point, it appears to be very limited to some facility-based services. "We are very close to...
Paycheck Protection Program
There was an important section in the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) passed by Congress that provides for SBA loans that ultimately can be forgivable. Most people refer to this section as the “Paycheck Protection Program.” These...
Economic Injury Disaster Loan
The Small Business Association Economic Injury Disaster Loans (EIDL) and Loan Advance are available to businesses (including Doctors of Chiropractic) that have been impacted by COVID-19. This program includes an emergency advance of up to $10,000 to small businesses...
Article of the Month
The Effect of Influenza Vaccination for the Elderly on Hospitalization and Mortality: An Observational Study With a Regression Discontinuity Design Anderson ML, Dobkin C, Gorry D. The Effect of Influenza Vaccination for the Elderly on Hospitalization and Mortality: An...
Update Your License
Your Chiropractic license renewal deadline was March 1st, 2020. If you have not already renewed your license you can do that through the new online application by clicking here, but your renewal will be subject to a $300 fine due to missing the March 1st...