HHS to distribute provider relief funds for physicians who previously did not receive aid; learn more at June 23 or 25 webinars
|
The Department of Health and Human Services has announced that the CARES Act Provider Relief Fund will distribute $15 billion in aid to eligible Medicaid and CHP+ providers who had not previously received (or been eligible for) any money from the Provider Relief Fund general allocation. Eligible physicians MUST log into the portal by July 20 to report their annual patient revenue data and other necessary information to receive a payment equal to at least 2 percent of reported gross revenues from patient care. HHS is hosting two webcasts at 2 pm EST/ 12 pm MST on Tuesday, June 23 and Thursday, June 25 for physicians and other health care professionals who are interested in learning more about the application process. Registration is required.
Find more information here.
|
|
Sine die
report: Colorado Legislature passes pro-patient legislation
|
Despite the temporary adjournment of the legislature due to COVID-19 and reconvening in late May in the shadow of an economic downturn and a historic budget shortfall, CMS made incredible gains for physicians and patients, building on the innovations practices deployed to keep your doors open. Legislators passed bills we championed on a host of issues including telehealth, reinsurance, opioids and immunizations.
Read more here
.
|
|
Support employees! MINES' Practice Assistance Program offers CMS members 24/7 access to confidential counseling, resilience resources, legal services, wellness coaching, and unlimited work/life referrals. Phone: 800.873.7138, email
info@minesandassociates.com or visit
www.minesandassociates.com
|
|
|
New law relaxes Paycheck Protection Program (PPP) requirements
|
On June 5, 2020, President Trump signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (PPPFA). The PPPFA attempts to address concerns expressed by the small business community around the
Paycheck Protection Program
(PPP) aimed at providing COVID-19 relief. Specifically, the new law provides more leeway along with guidance and clarity around how employers can apply for PPP loan forgiveness. The PPP, as established by the
Coronavirus Aid, Relief, and Economic Security (CARES) Act
, has created roughly $659 billion in loans, mostly for small and medium-sized employers, including nonprofit organizations. As summarized in
this Forbes article
, the PPPFA makes the following changes to address flaws or restrictions in the original PPP: (1) it lowers the amount of the loan needed to be spent on payroll from 75 percent to 60 percent; (2) it extends the time period to use the funds from eight to 24 weeks; (3) it pushes back the June 30 deadline to rehire workers to Dec. 31, 2020; (4) it eases rehire requirements by adding additional exceptions for a reduced head count; and (5) it extends the repayment term from two years to five.
|
|
Colorado QPP Coalition: June 2020 Fast Facts
|
The Colorado Quality Payment Program Coalition has released June 2020 QPP Fast Facts, the great information you need in a condensed format that allows for quick reading.
In this month's edition:
- Check your initial 2020 MIPS eligibility on the QPP website
- Opt-in or voluntarily report to MIPS
- Quality Payment Program: 2019 performance period suppressed MIPS quality measures
- Upcoming deadliness
- Upcoming event: QPP Office Hours, Tuesday, June 26
- Updated resources
|
|
Favorite Healthcare Staffing, our new Member Benefit Partner, provides discounted staffing and placement services to CMS members. Visit
Favorite's CMS member site or call 720-210-9409.
|
|
|
View a recording of CMS's Virtual Town Hall: COVID-19 Treatments
|
A webinar presented by CMS on June 10 outlined what practices need to know about current COVID-19 treatments: convalescent plasma, remdesivir, the mechanism of anti-viral and other therapies, as well as the latest epidemiology of COVID in Colorado. Panelists were Pampee Young, MD, PhD, Chief Medical Officer of Biomedical Services for the American Red Cross; Stephen V. Cantrill, MD, Emergency Physician, Denver Health; Rachel Herlihy, MD, MPH, State Epidemiologist; and John Hammer, MD, Carepoint Infectious Disease. Access the recording of this and all topical webinars
here (
midway down the page).
|
|
We are the nation's leading provider of commercial real estate services for healthcare tenants and buyers. Our team of experts can save you time and money on your next lease or purchase negotiation.
www.carrhr.com
|
|
TSYS® is the endorsed Member Benefit Partner for payment processing and more. Accept payments in office, by phone, mail or on your website. TSYS’ health payment solution automatically posts payments to the patient ledger. Call 877-841-0606 or email
CMS@tsys.com today for your FREE payment evaluation. Visit our
website to learn more.
|
|
Federal CMS releases new COVID-19 FAQs on Medicare fee-for-service billing
|
|
In late May, the Centers for Medicare and Medicaid Services released additional Frequently Asked Questions (FAQs) on their recent COVID-19-related waivers to help providers, including physicians, hospitals, and rural health clinics. Find more answers to questions on outpatient therapy, telehealth and appropriate coding, and federally qualified health centers.
Access the FAQ here
.
|
|
Compliments of CMS: Reduce patient callbacks, HIPAA compliant, RX Savings up to 75%, click for free customization
COLORADO DRUG CARD.
View a flyer on Life of the Coronavirus that you can display in your office:
English |
Spanish
|
|
Serving medical professionals is all we do. Owned and operated by the Colorado Medical Society and backed by an all-physician board of directors, MTC is uniquely focused on the needs of its clients.
MTC Benefits include: Secure Messaging, Voice Logger/Voicemail, Appointment Confirmations/Reminders, Personalized Announcements, Custom Applications, and competitive rates!
|
A leading provider of technology services to independent practices. Our industry insight and knowledge of regulations lets you focus on your patients, not your technology. Vertical Solutions was recently named one of the
Top 100 Vertical Market MSPs for its work in the health care sector.
|
|
|
|
|
|
|
