May 14, 2020

How My Country Confronted COVID-19

How My Country Confronted COVID-19 On Tuesday, April 28, 2020, health care workers in Seoul Medical Center commemorated the 100th day since the first appearance of a COVID-19 patient in South Korea. As of May 6, 2020, the nation’s total number of cases stands at 10,806, with six new imported infections and no new local ones, according to the Korea Centers for Disease Control and Prevention (KCDC). The daily number of confirmed new infections had peaked on February 29 at 909. Also according to the KCDC, as of May 6, the death toll has reached 255, and the fatality rate reached 2.34%. A total of 9,333 people who were confirmed to have had COVID-19 have recovered so far, up 50 […]
May 1, 2020

The Department of Health and Human Services (HHS) Provides an Update on the Provider Emergency Relief Fund

On April 24, 2020, the Department of Health and Human Services (HHS) announced additional support to healthcare providers fighting the COVID-19 pandemic through the bipartisan CARES Act that provides $100 billion in relief funds to hospitals and other healthcare providers impacted by the coronavirus response. This funding will be used to support healthcare-related expenses or lost revenue attributable to COVID-19 and to ensure uninsured Americans can get treatment for COVID-19. In allocating the funds, the Administration is working, among other things, to address both the economic harm across the entire healthcare system due to the stoppage of elective procedures, as well as the economic impact on providers incurring additional expenses caring for COVID-19 patients, and to do so as transparently […]
May 1, 2020

HHS CMS Announces Evaluation of Amounts and Timing of Payments Under Its Accelerated Payment Program and Suspending the Advance Payment Program

HHS CMS Announces Evaluation of Amounts and Timing of Payments Under Its Accelerated Payment Program and Suspending the Advance Payment Program 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 to Part B suppliers effective immediately. The agency made this announcement following the successful payment of over $100 billion to health care providers and suppliers through these programs and in light of the $175 billion recently appropriated for health care provider relief payments. CMS had expanded these temporary loan programs to ensure providers and suppliers had the resources needed to combat the beginning stages of the […]
May 1, 2020

U.S. Congress Passes Massive Updated Stimulus Package, Which Includes Additional Relief for Physician and Physician Practices

U.S. Congress Passes Massive Updated Stimulus Package, Which Includes Additional Relief for Physician and Physician Practices The U.S. Senate and House of Representatives approved the latest COVID-19 relief bill on April 21 and April 23, respectively. Known as the “Paycheck Protection Program and Health Care Enhancement Act” (COVID 3.5), President Trump has indicated he will sign the bill into law. The bill provides $484 billion in additional funding to replenish and supplement key programs under the CARES Act, including the Paycheck Protection Program (PPP), small business disaster loans and grants, hospitals and health care providers, and testing. The small business loan programs authorized under the CARES Act had been quickly depleted after only two weeks of operation. More details are […]