Provider Relief Funds & Other CARES Act Updates

Join our BKD Trusted Advisors for an overview of financial management during this unprecedented time. They will discuss updates to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) for financial leaders, including an overview of how to account for such stimulus funding received by nonprofit, governmental, and for-profit healthcare providers and what qualifies as a COVID-19-related expense and lost revenue. 

Learning Objectives

Upon completion of this program, participants will be able to:

  • Identify what qualifies as a COVID-19-related expense and lost revenue per recent guidance released by HHS related to the Provider Relief Funds issued under the CARES Act
  • Explain the basics of the Paycheck Protection Program loan forgiveness calculation
  • Discuss how to account for these and other stimulus funds received under the CARES Act for nonprofit, governmental, and for-profit healthcare providers 

The information contained in these slides is based on the information available as of the date of this live presentation and is subject to change. The content was presented for illustrative purposes and your information only. Applying this information to your situation requires careful consideration of facts, circumstances, and timing of requirements. Consult your BKD advisor or legal counsel to apply to your unique situation and circumstances.

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