The federal authorities continues to be engaged on investigating fraud associated to the Coronavirus Assist, Aid, and Financial Safety (“CARES”) Act.
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The CARES Act was a federal legislation that offered some monetary aid to companies in the course of the COVID-19 pandemic. Forgivable loans had been issued for lease, bills, and payroll via 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 acquired $145,800 from a number of banks.
The case is at the moment underneath investigation and the chiropractor has been indicted.
It’s important that healthcare suppliers are always 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 pay attention to 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 could be the time to work with a healthcare lawyer to do a complete audit.
We advocate performing audits with the assistance of an skilled healthcare lawyer to assist treatment any considerations and put into place the required 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 could be 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 employees also needs to be educated to know learn how to reply within the occasion a authorities official involves audit your workplace.
If in case you have any considerations concerning your compliance, billing, insurance policies and procedures, or coaching, contact Rickard & Associates as we speak. Now could be the time to behave.
In case you need assistance ensuring your workplace is protected and has acceptable reporting channels in place, contact us as we speak.
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