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Practice & Industry

The CARES Act, Decoded for Foot and Ankle Practices

What the loan programs actually mean for private practices, distributors, and 1099s.

Originally published April 9, 2020

In this issue


Practice survival amid COVID-19

Upcoming Corporate Webinars

Industry is taking to the web to bring more content to physicians looking to sneak away from the family for an hour or so. We have found a few that we think you may find valuable and are due to launch as soon as tonight.

Artelon – The Evolution of Lateral Ankle Stabilization

Thursday April 9 @ 8pm ET

Speakers:

Dr. Robert Anderson, MD (Green Bay, WI)

Dr. Greg Berlet, MD (Columbus, OH)

Ankle Stabilization: What have we learned? What challenges remain? An d what is the next frontier for highly functional instability

REGISTER HERE

Medshape - Modern Technologies to Treat Complex Foot and Ankle Pathologies: 3D Printed Implants and Sustained Compression Devices

Wednesday – April 15 @ 6pm ET

Speaker – Dr. Samuel Adams, MD – Duke Orthopedics

Using modern to treat complex foot and ankle pathologies

REGISTER HERE

Paragon 28 - Strategies for Addressing a TTC and TC Arthrodesis using Hindfoot Nails

Presented by Foot Innovate

Thursday - April 16 @ 8pm ET

Speaker - Byron Hutchinson DPM

Product Focus – PHANTOM TTC FUSION NAIL

REGISTER HERE

Trilliant Surgical - Advances in Foot Plating Technology

Presented by ASPS

Wednesday – April 22 @ 7pm ET

Speaker – Matthew D. Hinderland DPM, FACFAS – Foot and Ankle Institute of Colorado

Educational highlights will include an overview, history, pros/cons, current theories, and concepts in foot plating, along with case reviews of advances in foot plating technologies and techniques.

REGISTER HERE

If you have an upcoming webinar or event you would like to promote, please contact us at footandanklenews@gmail.com

The Unofficial GUIDE to the CARES Act

for Private Practices, Distributors, and 1099s

With most elective surgery cancelled for at least the next month and office visits significantly limited, some tough decisions lie ahead for those of us who both make a living and support a staff by treating patients. Whether you are a surgeon in private practice or a 1099 device representative the reality is the same:

Fewer Patients = Less Revenue.

The goal of this post is simple, review the government programs available to help bridge between now and when it is safe to get back to work. Feedback from many business owners has told us that these programs are overloaded and even a “disaster” in some cases. Starting with your own bank is your best bet. Larger National banks, such as Chase, have been unresponsive in some cases. If this is the case for you, this is an opportunity to start a relationship with a local community bank who will provide individual attention for you now and long term.

We have summarized the 2 main components of the CARES Act below and have provided relevant links to applications, portals, and other resources.

For complete details on the Coronavirus Aid, Relief, and Economic Security (CARES) Act click the PDF link below:

The Small Business Owner’s Guide to the CARES Act

READ FULL SUMMARY: CARES ACT

CLICK HERE

COVID-19 Practice Survival Guide

VIDEO and Summary

A Private Practitioner’s Guide to Survival…

What You Need to Know About Your Business

A Special COVID-19 Edition

PRESENTERS :

John V. Guiliana, DPM, MS | Executive VP of Nemo Health

Rem Jackson | President, CEO Top Practices

Disclaimer - Foot and Ankle News has no affiliation with Nemo Health,

Top Practices or their sponsors.

According to most doctors, patient volume is down about 40 to 50%, of course this varies by region. This hour-long video provides a lot of information about Practice Management and Marketing during the Pandemic. They provide specific examples of what you can do now so your practice will more efficient on the other side of this unprecedented time.

“Don’t Panic and use your time wisely… this time will pass in the blink of an eye, even though right now it may not feel like it.”

READ FULL ARTICLE AND ACCESS COMPLETE WEBINAR

CLICK HERE

Elective Surgery in the COVID-19 Pandemic:

A Foot and Ankle Surgeon’s Perspective

Musculoskeletal health care providers excel in improving patient’s lives by improving function. Cortisone injections for arthritic joints so our grandmothers can enjoy church or get thru their shopping at the grocery store. Ligament reconstructions so our patients can enjoy their leisure and sporting activities. Reconstruction of joints to allow construction workers to return to the labor work force to build the infrastructure of our country.

In a matter of weeks, everything has been put to a halt. We are in an unprecedented time during which our focus is no longer on improving the quality of lives but rather maintaining life itself. Our healthcare resources have rightfully been diverted to the COVID-19 pandemic in a manner that has never been experienced in our generation. With our limited supplies of masks, gowns, gloves, and personal protective equipment, and even more critical, our limited supply of ventilators, our resources have been optimized for those in dire need. Even our outpatient ambulatory surgical centers, in which we use ventilators temporarily for anesthesia during surgery are now being reserved for potential transformational use for COVID-19 patients.

When will we able to help our patients again? When will we be again part of the healthcare community and do our part? As a musculoskeletal health care provider, we thrive on our ability to improve the function and lives our patients. Our greatest satisfaction is a satisfied patient. We will get there again. But when? Multiple models, but no answers yet. And to guess which model is accurate is just that… a guess.

READ FULL ARTICLE: CLICK HERE

If you have an article you would like to share, please email it to us at footandanklenews@gmail.com


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