The federal authorities remains to be engaged on investigating fraud associated to the Coronavirus Support, Aid, and Financial Safety (“CARES”) Act.
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The CARES Act was a federal legislation that offered some monetary reduction to companies in the course of the COVID-19 pandemic. Forgivable loans have been issued for lease, bills, and payroll by the Paycheck Safety Program (“PPP”).
Not too long ago, a chiropractor in Kansas was charged with financial institution fraud, cash laundering and false statements for fraudulently acquiring PPP loans.
Allegedly, he obtained $145,800 from a number of banks.
The case is at the moment beneath investigation and the chiropractor has been indicted.
It’s important that healthcare suppliers are continuously monitoring their compliance with legal guidelines, particularly with legal guidelines associated to the COVID-19 pandemic. The federal government made modifications to many legal guidelines and stopped enforcement of different legal guidelines for a while to alleviate pressures on healthcare entities. Nevertheless, healthcare entities ought to concentrate on latest enforcement actions.
When is the final time you audited your billing? Did you pay particular consideration to the codes associated to COVID-19 and telehealth?
If not, now’s the time to work with a healthcare legal professional to do a complete audit.
We advocate performing audits with the assistance of an skilled healthcare legal professional to assist treatment any issues and put into place the mandatory insurance policies and coaching.
How have your workplace procedures modified since COVID-19? Have you ever taken the time to completely replace any associated insurance policies and procedures?
If not, now’s the time.
If the federal government involves do an audit, it’s important that your insurance policies and procedures are updated and replicate your workplace actions and readiness plans.
Your workers also needs to be skilled to know methods to reply within the occasion a authorities official involves audit your workplace.
When you’ve got any issues relating to your compliance, billing, insurance policies and procedures, or coaching, contact Rickard & Associates at present. Now’s the time to behave.
In case you need assistance ensuring your workplace is protected and has applicable reporting channels in place, contact us at present.
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