The SALT Physical for the Telemedicine Industry
An Article Providing State & Local Tax Considerations for Telehealth Entities
By Cory Van Arnum, JD, LLM,
Health Care Consulting Practice, Moss Adams
By Sarah Buhl, CPA,
Health Care Consulting Practice, Moss Adams
By Shane Griffiths, JD, LLM, CPA,
Health Care Consulting Practice, Moss Adams
Due to the public health emergency from COVID-19, the demand of telemedicine has transformed to an increasing necessity given state and federal requirements and waivers, social distancing requirements, and the need for more efficient health care services. While the telemedicine industry is fast-paced, it is important to take pause to consider state and local tax compliance as the telemedicine industry continues to evolve and expand. For any organization considering new partnerships, capital raises, mergers, or acquisitions, state and local tax compliance can be an important component of a due diligence examination prior to entering into a proposed transaction with another party.
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Management and Rehabilitation of Long-Term Effects of COVID-19
By Dr. Seleem R. ChoudhuryInternational Clinician and Operational Executive
As a society, we have been enduring life in a pandemic for over half a year. Though we have been feeling the effects of COVID-19 for a long time, medically speaking the disease is still very new to us. It is important to remember that our knowledge is still developing regarding the virus and much remains unknown—specifically the long-term effects of the disease. There is a common misconception that once a patient infected with COVID has a negative test, the issue is resolved. It is often repeated that according to the World Health Organization, about 80% of COVID-19 infections are mild or asymptomatic, and patients typically recover after two weeks (Carfì, Bernabei, & Landi, 2020).
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The Dawn of the Dark Ages
By Craig B. Garner Founder, Garner Health Law Corporation
Modern historical scholars no longer describe the fifth through fifteenth centuries as the “Dark Ages,” a time previously associated with demographic, cultural and economic deterioration in Western Europe following the decline of the Roman Empire. With the passage of time – years or even decades – comes clarity and an opportunity to gain a better understanding. Perhaps future historians will write with greater conviction about a real “Dark Ages,” the beginning of which occurred sometime during the twentieth century.
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HHS Releases Updates: CARES Act Provider Relief Fund Reporting Requirements
By Lori Laubach,
Partner, Health Care Consulting Practice, Moss Adams
By Aparna Venkateswaran, CPA,
Senior Manager, Moss Adams
By Georgia Green,
Manager, Health Care Consulting Practice, Moss Adams
On October 22, 2020, the US Department of Health and Human Services (HHS) released an amendment to the General and Targeted Distribution Post-Payment Notice of Reporting Requirements for the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund (PRF).
The notice is a supporting document to the July 20, 2020, Post-Payment Notice of Reporting Requirements, and it changes how health care providers can treat payments toward lost revenue.
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Retail newcomers are great for healthcare, but bad for health systems
By Pamela J. Gallagher Principal, Gallaghers Resulting
Patients have been begging for affordability for decades, and the healthcare industry’s reluctance to innovate and adapt to patient demands has left a door open for retailers to move into the healthcare business. I believe this will be great for healthcare, but potentially disastrous for health systems. As retailers like Walmart, Amazon, and Best Buy have forayed into the healthcare space, they have done so with a focus on inexpensive, reliable products with a strong emphasis on well care and prevention.
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