Archive - August 2020

In enacting the CARES Act, Congress did not specifically address the taxation of the Relief Payments. Although the IRS’s position is that its FAQ guidance is not citable as legal authority, it seems clear that the IRS expects taxpayers to rely on these FAQs and other recently issued FAQs to meet their federal income tax obligations during the coronavirus (COVID-19) pandemic. The U.S. Department of Health and Human Services (HHS) has frequently updated its Relief Payments FAQs since April

The deadline to apply for the HHS Provider Relief Fund for Medicaid/CHIP providers who did not receive any relief payments during the Medicare-based General Distribution has been extended until September 13th, 2020. Providers who have been adversely impacted by COVID-19, meet all of the other eligibility requirements, and can agree to the terms and conditions associated with the program are encouraged to apply for this relief fund. Originally, the application deadline was August 28th. Click here

There have been a few changes to the Paycheck Protection Program (PPP) since April. In our recent Town Hall Webinar, Craig Douglas went over this program in detail. The application window for this program was closed for the second time on August 8th. Watch the Recording      Slide Deck To refresh your memory, the PPP has a max loan size equivalent to 2.5 times the employer’s average monthly payroll, up to $10 million. The PPP loans have an interest rate of 1%.

The Essentially Women Town Hall meeting on August 25th featured a panel of 3 EW members who talked about their experiences during the pandemic with Nikki Jensen. Check out the full panel discussion video at the bottom of the blog. Here are some highlights from the discussion. Tink Newcomb, MBA, CECMS, CCT Prairie Medical Meridian, ID Q: Were you open during the pandemic? And if so, were you appointment only? A: Because of pneumatic compression, we were considered essential. We were closed

We ran short on time on the EW Town Hall Meeting the other day to be able to share this video so I’m sharing it with everyone now.   I had reached out to Ty Bello prior to our webinar and asked him to provide some encouraging words - knowing many of you are facing challenges with patients feeling comfortable to come in for the face-to-face fittings as they did before the pandemic.  For those of you who have not had the opportunity to know Ty Bello, he is a well-known

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ABC’s of Fitting Basic Foundations of Fitting Online Training Course You've asked for alternative solutions to in-person training and American Breast Care listened. They are proud to introduce the NEW! *ABC’s of Fitting Basic Foundations of Fitting online training course! This learner-lead course is 100% computer-based and can be completed from the comfort of your office or home at your preferred pace! No inventory, product, or prior experience is required. Click here to begin

When hard times come, it’s not always easy to think on the bright side. For Brooke Strachan, finding the positives in any situation is her philosophy, and this state of mind is what led to her owning her own business. “I try to make a positive come out of a negative situation,” stated Brooke, owner of The Boob Shop. “Sometimes bad things have to happen in order for good things to happen.” A single mom, Brooke received her degree in medical billing, coding, and