Borrowers of Large PPP Loans to Receive Loan Necessity Questionnaire
November 3, 2020
The Small Business Administration (“SBA”) has announced that it intends to issue two questionnaires which will be required to be completed by borrowers of Paycheck Protection Program (“PPP”) loans with principal amounts in excess of two million dollars ($2,000,000.00). In a Federal Register notice published on October 26, 2020, the SBA referenced the two …
New Information Blocking Rules Prohibit Interference With Access To Patient Information
November 2, 2020
The effective date for the Federal Information Blocking Rule has been postponed to April 2021. The Information Blocking Rule applies to most healthcare providers as well as certain health technology vendors (“Affected Entities”) and prohibits interference with access to, or exchange of, electronic health information (“EHI”). This is especially challenging for providers who will …
New York Physician Practice Settings Must Inform Patients How To Report To OPMC
October 13, 2020
In legislation enacted on October 7, 2020, New York State is requiring physicians’ practice settings to post notice, visible to patients, that direct patients to the Office of Professional Medical Conduct’s (“OPMC’s”) website to obtain information about their rights and how to file a complaint regarding professional misconduct. The requirement is effective immediately. This …
October 12, 2020
On October 8, 2020, the Office of the New York State Attorney General’s Charities Bureau released guidance regarding property appraisals for not-for-profit corporations and certain religious corporations seeking approval of property transactions by the Attorney General or the Court. To review the full guidance issued, see https://www.charitiesnys.com/pdfs/AppraisalGuidance.pdf. The New York Not-for-Profit Corporation Law (“NPCL”) …
HHS Opens Up Additional $20 Billion In Grants To Healthcare Providers
October 2, 2020
On October 1, 2020, the U.S. Department of Health & Human Services (HHS) announced a Phase 3 General Distribution of Provider Relief Funds. Eligible providers can begin applying on October 5, and the deadline to apply is November 6. Who is eligible: Providers who previously received, rejected or accepted a General Distribution Provider Relief …