DISALLOW_FILE_EDIT Healthcare and COVID Fraud - Rickard & Associates - ET
  • Sat. Jun 3rd, 2023

ET

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The federal authorities continues to be engaged on investigating fraud related to the Coronavirus Help, Support, and Monetary Security (“CARES”) Act.

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The CARES Act was a federal laws that provided some financial discount to firms in the midst of the COVID-19 pandemic. Forgivable loans have been issued for lease, payments, and payroll by way of the Paycheck Security Program (“PPP”).

These days, a chiropractor in Kansas was charged with monetary establishment fraud, money laundering and false statements for fraudulently buying PPP loans.

Allegedly, he obtained $145,800 from a lot of banks.

The case is in the meanwhile under investigation and the chiropractor has been indicted.

It is necessary that healthcare suppliers are constantly monitoring their compliance with authorized tips, notably with authorized tips related to the COVID-19 pandemic. The federal authorities made modifications to many authorized tips and stopped enforcement of various authorized tips for some time to alleviate pressures on healthcare entities. Nonetheless, healthcare entities ought to focus on newest enforcement actions.

When is the ultimate time you audited your billing? Did you pay specific consideration to the codes related to COVID-19 and telehealth?

If not, now might be the time to work with a healthcare authorized skilled to do an entire audit.

We propose performing audits with the help of an expert healthcare authorized skilled to help remedy any issues and put into place the required insurance coverage insurance policies and training.

How have your office procedures modified since COVID-19? Have you ever ever taken the time to utterly change any related insurance coverage insurance policies and procedures?

If not, now might be the time.

If the federal authorities includes do an audit, it is necessary that your insurance coverage insurance policies and procedures are up to date and replicate your office actions and readiness plans.

Your workers additionally must be educated to know tips about how one can reply inside the event a authorities official includes audit your office.

When you may have any issues regarding your compliance, billing, insurance coverage insurance policies and procedures, or teaching, contact Rickard & Associates proper this second. Now might be the time to behave.

While you want help guaranteeing your office is protected and has acceptable reporting channels in place, contact us proper this second.

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