Congress has provided trillions in economic relief to help organizations get through the financial challenges brought on by COVID-19. These economic relief funds come with rules, especially for health care organizations. Tracking and monitoring is critical and can be very complicated, especially when funding is received from multiple sources.
Track your economic relief fund expenses with confidence
Ready to learn more?
CLA has developed an expense-tracking tool that creates the foundation to organize spending in accordance with compliance and reporting initiatives coming soon.
The CLA Economic Relief TrackingSM tool helps manage and account for the funds from various economic relief packages, including the Paycheck Protection Program (PPP), the Public Health and Social Services Emergency Fund (Provider Relief Fund), the Economic Injury Disaster Loan (EIDL) program, and the Main Street Lending Program. It also documents the thought processes at the time of using the funds, and provides a trail of information that will assist in responding to future reporting requirements.
This tool is applicable and for use within all health care organizations, including hospitals and health systems, physician practices and medical groups, federally qualified health centers (FQHCs), and senior living organizations. Our short video below explains how the tool can help:
The fee for the tool, which includes a training video, is $750. If you’d like to learn more, complete the form below.