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Business Relief Resources for Physicians and Medical Practices

CAP is committed to keeping members apprised of federal and state funding opportunities for practices facing financial hardship as a result of the pandemic.

Webinar

On-Demand Webinar: Key Strategies for Ensuring a Profitable Independent Practice
During this one-hour program, practice management expert Debra Phairas discusses how various business models and operational enhancements can increase revenue to help your practice remain successful in today’s competitive marketplace.

Financial Relief for Medical Practices through the CARES Act (H.R. 748)

View the On-Demand Webinar and Access Materials Here

Funding Opportunities

HHS Announces the Availability of $25.5 Billion in COVID-19 Provider Funding: Learn More

California Small Business COVID-19 Relief Grant Program: Learn More

Federal and State Funding Opportunities for Small Businesses, Physicians, and Medical Practices: Learn More

Overview of Major COVID-19 Relief Programs for Healthcare Providers: Download Now

HHS Provider Relief Fund (PRF) reporting guidance

This document provides detailed information on provider reporting guidelines, including intent, use of funds, and data elements requested for PRF recipients who received one or more payments exceeding $10,000: Learn More

Small Business Administration Loans: Affected businesses can apply for a loan with the Small Business Administration (SBA): Learn More

U.S. Small Business Administration Fact Sheet – Economic Injury Disaster Loans: Download Now

CARES Act

CARES Act Provider Relief Fund

Supporting Healthcare-Related Expenses or Lost Revenue Attributable to COVID-19 and to ensure uninsured Americans can get testing and treatment for COVID-19: Learn More

CARES Provider Relief Fund Payment Portal

Providers who have already received payments from the CARES Act Provider Relief Fund may be eligible to receive additional funds. This portal is only for organizations who have already received payments through the CARES Act Provider Relief Fund. Before you begin this process, your organization will need to attest to each payment associated with your billing Taxpayer Identification Number(s). Learn More

 

In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.

Paycheck Protection Program

This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program: Learn More

California COVID-19 Relief Package Allows PPP Deductions of Up To $150k: Learn More

EIDL Loan Advance

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties: Learn More

SBA Express Bridge Loans

Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly: Learn More

SBA Debt Relief

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. Learn More

Supplemental Business Resources

FBI Alert: COVID-19 Email Phishing Against US Healthcare Providers: Download Now

Holland & Knight COVID-19 Resource Center: Learn More

Medical Group Management Association (MGMA) COVID-19 Action Center: Learn More

California State Resources

Financial Resources for California Small Businesses: Learn More 

California Disaster Relief Loan Guarantee Program: Learn More

Opportunities for Action

The bi-partisan Coronavirus Provider Protection Act, H.R. 7059, introduced by House Representatives Phil Roe, MD (R-TN) and Los Correa (D-CA), protects healthcare professionals on the frontlines of the COVID-19 pandemic. CAP strongly supports this vital bill and is asking you to join its advocacy efforts to garner support for the passage of these much-needed legislative protections during this unprecedented time. Learn More