PRACTICE SUPPORT RESOURCES

Practice Management Health Network Webinar 

Paul D. Vanchiere, MBA

April 9, 2020

THE BUSINESS IMPACT OF COVID-19 ON PEDIATRIC PRACTICES

PMI WEBINAR SERIES

Paul D. Vanchiere, MBA and Chip Hart

Webinar 1 (March 19)

Webinar 2 (March 26)

Webinar 3 (April 2)

Webinar 4 (April 7)

Webinar 5 (April 16)

Webinar 6 (April 23)

Webinar 7 (April 30)

Webinar 8 (May 7)

Webinar 9 (May 14)

REGISTER HERE for the final webinar on July 16 at 4 pm PST/6 pm CST

Webinar 10 (May 21)

Webinar 11 (June 4)

Webinar 12 (June 18)

Webinar 13 (July 2)

SMALL BUSINESS LOAN RESOURCES

Update - June 16, 2020

BLUE SHIELD FINANCIAL RELIEF PROGRAMS 

Blue Shield of California (“BSC”) will extend financial support to providers to help offset the financial impact COVID-19 has had on their revenue stream. There are two options that would apply to the CHLA Health Network Affiliates. They include,  Advance Pre-payments and Direct Financial Support. These options generate monies to providers for services equal to a defined portion of their historical BSC claims or through Member Receivables (MR).

 

The Advanced Pre-payment is not a loan. Rather, it is an advance of future claims to be offset later. There are no fees or interest applied to the advance of future claims. The maximum advance is a percentage of historical BSC provider payments : 25% of total 2019 claims payments (equal to 3-month average). 

 

The Member receivables are member co-pay and/or co-insurance obligations (payables) to providers that are currently outstanding and open on the providers’ financial system as a valid receivable.

 

Intake, Evaluation and Approval Process

  • Providers shall complete the application form

  • Providers email application form to: Financecommunication@blueshieldca.com

  • Provider requests will be evaluated every Monday and Thursday by the Program Review Committee.

  • Once a request is approved, the provider must sign applicable paperwork.

  • Under the advanced payment program, funds are released within 2 days after signed documents have been received by BSC.

Click here for additional information.  Please contact Jacki DeLanders at jdelanders@chla.usc.edu if we can help with additional information.

Loan Administrator

Max Amount

 

Term

Interest Rate

Deferral

Prepay Allowed?

Can be used for

 

Refinanced Debt?

Collateral Required?

 

Forgiveness

 

Guarantee Required?
 

SBA approved lenders

Lesser of $100 million or 2.5 times average monthly payroll

 

2 years

1%

6 months (interest accrues)

Yes

Payroll, benefits, mortgage interest, rent, utilities, other debt

 

Yes, for EIDL

No

Yes, if 75% payroll

None 

SBA

Up to $2 million

 

Up to 30 years

3.75%

1 year (interest accrues)

Yes

Payroll, benefits, accounts payable, other expenses

No

For loans over $25, 000

Yes, for $10,000 advance

No for loans under $200K

PPP LOAN

EIDL LOAN

ANTI-RACISM RESOURCES

Articles to Read

 

Books to Read

 

Children’s Books to Read

 

LA Black Owned Businesses to Support

 

Movies and TV to Watch

  • Clemency (Chinonye Chukwu) — Available to rent

  • If Beale Street Could Talk (Barry Jenkins) — Hulu

  • Teach Us All – Netflix 

  • Whose Streets? – Available to rent or on Kanopy

 

Podcasts to Listen to

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