tci Part B Insider - 2020 Issue Q2

COVID-19 Funding: Know How COVID-19 Funding Options Differ

Tip: Review federal guidelines before you apply. As the pandemic continues to wreak havoc on the industry, you may be wondering about financial assistance to keep your Part B practice afloat. If you’re in the process of reviewing COVID-19 funding options, read on for a breakdown of what’s available — and what’s no longer on the table. 1. CARES Act Provider Relief Fund Good news: The Department of Health and Human Services (HHS) is releasing $20 billion more in CARES Act Provider Relief Fund money to assist practitioners in combatting the pandemic. That’s on top...

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