News & Insights

Webinar

Compliance Issues Related to Receipt of CARES Act Funding, plus Latest Congressional and CMS Actions Related to COVID-19


Please join King & Spalding on April 24, 2020 for a discussion of the terms and conditions attached to CARES Act funding, and related compliance and liability considerations, plus a report on the latest Congressional and CMS actions related to COVID-19 and its impact on the healthcare provider community.  

Our panel will cover these topics:

  • Compliance with conditions of receipt of CARES Act funding, including:
    • Who is an eligible healthcare provider;
    • What we know about the meaning of the terms and conditions and attestation;
    • Understanding the permitted and non-permitted uses of the funds;
    • What we know about the quarterly reporting requirements.
  • Update on funding based on anticipated release of the $70 billion Congress allocated for hospitals and health-care providers in the COVID 3 relief package; and
  • The Trump Administration and bipartisan congressional leaders are reportedly close to a deal, known informally as COVID 3.5, to provide supplemental funding for COVID-19 response activities.  It will likely include a $300 billion increase in the Paycheck Protection Program plus additional funding for hospitals (potentially $75 billion) and for diagnostic tests (potentially $25 billion).  King & Spalding will continue tracking COVID 3.5 and will provide an update on Friday.

Please join us Friday for the briefing and an opportunity to ask questions. We will continue to provide timely updates in the coming weeks as Congress and CMS continue to respond to the COVID-19 crisis.

For questions, contact Christine Lieber at clieber@kslaw.com.

CONTINUING LEGAL EDUCATION CREDIT

King & Spalding is an accredited provider of CLE credit in California, Georgia, Illinois, New York and Texas. We can issue reciprocal credit for attorneys licensed in Connecticut, Florida, and New Jersey. We will apply for credit in Colorado, North Carolina, Tennessee and Virginia (subject to MCLE Board approval). For jurisdictions not listed, attendees are provided with a Universal Certificate of Attendance. New York licensed attorneys: Transitional/Appropriate for newly-admitted and experienced attorneys. The live, interactive webinar is approved for both Experienced and Newly Admitted attorneys. Financial aid is available for qualifying lawyers. For CLE-related questions, please contact Gisel Arias, garias@kslaw.com. King & Spalding, 1180 Peachtree Street NE, Atlanta, GA 30309. CA Provider #10947.

Event Details

Date: April 24, 2020

Time: 12:00 pm (ET)