In response to the COVID-19 pandemic and the needs of practices, Genentech has announced extensions to physician payment terms for LUCENTIS purchases from authorized distributors:
Eligible practices are temporarily eligible for payment terms of up to 120 days (previously 60 days), subject to distributor qualification.
McKesson has released the following updates on its most in-demand medical-surgical supplies:Continue reading
As the COVID-19 pandemic continues to challenge practices in retina and elsewhere, the Centers for Medicare and Medicaid Services (CMS) has announced a new relief program that allows providers to maintain cash flow through advance payments for anticipated claims under Medicare parts A and B.
Under the Accelerated and Advance Payments Program for Providers and Suppliers plan, providers can apply now to their Medicare Administrative Contractors (MACs) to receive prepayment of 100% of historical Medicare reimbursement amounts for a three-month period.Continue reading
Wednesday, the US Senate approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Although still subject to approval by the US House of Representatives and signature by the president, the bill is likely to be signed into law by this weekend.
Among other things, the act creates the “Paycheck Protection Program,” which provides up to $349 billion to expand the Small Business Administration’s (SBA’s) existing 7(a) loan program to support new loan guarantees and subsidies. The program includes 100% federally backed loans to cover expenses like payroll, rent and benefits.
Current SBA lenders can make loans under the program immediately, with deferred payment terms.
To learn more and to begin filing a claim, visit the Small Business Administration website.Continue reading
Since its January launch, we have been traveling around the country to help members integrate RetinaOS with their EMR and practice management systems, train clinical staff and assist with troubleshooting, and facilitate as practices go-live with the system. We’re still providing that exact same level of support. What’s changed is that now we’re doing everything remotely.Continue reading
As the COVID-19 outbreak continues to grow, the top question we’re hearing from our members is how to purchase masks, gloves, and other personal protective equipment. While we recognize there isn’t an easy solution to some challenges right now, we’re working closely with our vendor partners to get answers.
Our primary vendor for PPE supply is McKesson Medical-Surgical. Here’s what you need to know:Continue reading