Members of our financial services and banking teams recently published a LawFlash discussing the Biden administration’s recent changes to the Paycheck Protection Program aimed at providing greater access to funds for small businesses in need and in underserved communities. The LawFlash highlights key provisions and guidance for businesses seeking to participate in the program before it officially expires on March 31, 2021 (pending any additional legislation from Congress).
This resource may be especially relevant to Health Law Scan readers operating small independent physician practices, as well as smaller providers in the post-acute market (including home health and hospice) that serve rural and/or medically underserved communities and may be seeking funding.
As a reminder, we continue to monitor issues surrounding economic recovery from the COVID-19 pandemic across industries, including access to funds, changing tax and reporting requirements, consumer protection updates, and new rules on litigation. Access our Navigating the NEXT. page for additional resources.