IRS Extends Economic Impact Payment Deadline to November 21
From irs.gov: The Internal Revenue Service announced that the deadline to register for an Economic Impact Payment (EIP) is now November 21, 2020. This new date will provide an additional …
Insights and News
IRAs and the SECURE Act. Should You Change Your Strategy?
Last December, the imaginatively named Setting Every Community Up for Retirement Enhancement (SECURE) Act became law. The SECURE Act was intended mainly to expand opportunities for individuals to increase their …
Next Round of HHS Provider Relief Grants. Applications are Mandatory, Apply ASAP!
HHS announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. Under this Phase 3 General Distribution allocation, providers that have already received Provider Relief …
Landlords: How to Handle Tenants Who Can’t Pay Their Rent, and How It Impacts Your Taxes.
During this COVID-19 pandemic, landlords have two big possible problems: Tenants who can’t pay the rent. Tax losses they can’t deduct. We’ll start with the tenants and then move on …
Medicare Advantage Hospice Carve-In (VBID) to Begin in 2021!
With everyone’s attention being consumed by COVID-19, it’s easy to forget about important new payment model demonstrations coming up. The Hospice Medicare Advantage Carve-In demonstration is still starting in 2021 …
Nursing Home Inspections are Ramping Up Nationwide: NY Nursing Homes Hit with Big Fines.
From AP News: “Health inspectors found safety shortcomings at 77 New York nursing homes during the coronavirus pandemic, including basic infection-control violations like failing to have staff wear masks or …
CMS Announces New Funding to Support Transitioning Individuals from Nursing Homes to the Community
CMS announced the availability of up to $165 million in supplemental funding to states currently operating Money Follows the Person (MFP) demonstration programs. This funding will help state Medicaid programs …
New G-Codes for Home Health Therapy Assistants
From CGS: CMS has issued Change Request 11721 (MM11721), implementing two new G-codes for maintenance services furnished by physical and occupational therapy assistants on or after January 1, 2020. Please …
New Reporting Requirements: COVID-19 Provider Grant Expense Reporting
HHS has released new reporting requirements for all providers that received COVID-19 grant funds. Any provider who has received greater than $10,000 in grants must report their expenses and lost …
Updated PEPPER Retrieval Maps Allow Comparison By State
From the RELI Group: “The PEPPER Team has updated the maps that display the PEPPER retrieval rates for PEPPERs accessed via the PEPPER Resources Portal for each state/territory. Percentages reflect …