Member Alert April 16: Employee Retention Credit
The Coronavirus Aid, Relief, and Economic Security (CARES) Act established or expanded several programs to assist small businesses, including physician practices, that have been severely impacted by the COVID-19 emergency. The Employee Retention Credit is designed to encourage employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19.
KMA has created a one-page guide to this program, available here, as an informational resource. KMA expresses no opinion as to the feasibility, applicability, or impact to your particular practice. Physicians should consult with their tax professional to determine if these benefits or others apply to their practice.
KMA Releases New Telehealth Radio PSA
KMA has released a new 30 second public service announcement (PSA) that promotes the benefits of telehealth services during the COVID-19 pandemic. The PSA explains that many insurers have relaxed policies on telehealth and encourages patients to talk to their insurer and physicians about utilizing these services. The ad is currently being distributed to radio stations around the state and is currently running in Murray, Cadiz, Owensboro and Bowling Green, with more pickup expected. The ad can be heard here.
KMA to Sponsor KET’s “CORONAVIRUS: A Kentucky Update”
KMA will sponsor the KET program “CORONAVIRUS: A Kentucky Update” on four Fridays beginning tomorrow, April 17 through May 8. The program begins at 8:30/7:30 p.m. and is hosted by Kentucky Physicians Leadership Institute graduate Wayne Tuckson, M.D. KMA will also sponsor a KET town-hall style forum that airs April 20. The Association will receive two 15 second spots at the beginning and end of each program, which will also be shown in re-airings a total of 33 times.