Senior living and care organizations across the country are doing noble work, and it is essential that they receive additional resources and options in this trying time, according to an article published this week by senior living and care financial advisory agency Lancaster Pollard. The agency highlighted several programs and modifications meant to help ease the financial burden and establish a clear path to recovery for senior living and care operators.
In addition to the much-discussed Small Business Administration’s Paycheck Protection Program — likely to be replenished soon — and the Medicare Accelerated and Advanced Payment Program, Lancaster Pollard highlighted relief funds available to frontline healthcare providers through programs such as Medicare Relief and Medicaid Relief.
Privately owned and non-profit skilled nursing facilities also may be eligible to receive funds through the Federal Emergency Management Agency’s public assistance program.
“Organizations may be able to apply for reimbursement in categories such as medical services and equipment, emergency medical care and transport, education and training, medical and hazardous waste disposal, and temporary medical facilities,” the firm said. April 12 had been the original deadline to apply for these funds, but that deadline has been extended to 30 days, following the expiration of the federal state of emergency declaration.