Month: April 2020

Can Business Insurance be used to cover Podiatrist losses due to the Coronavirus?

Some Podiatrists might have had foresight to have business insurance on their Podiatry Practice. Now for some cases this Business Insurance can be used to help offset some lost income via the Coronavirus or COVID 19. Now there are many requirements for this insurance to kick in. Below I have linked an article that can …

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Link to Disaster relief SBA Loans for Podiatrists due to the Coronavirus.

If you are a Podiatrist and have had your practice decimated due to the Coronavirus, here is a link to SBA loans you can take out to ensure your practice can survive. This is the federal link: https://covid19relief.sba.gov/#/ If you find the SBA loan application too complicated there are companies that can simplify it for …

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How Podiatry Practices can deal with Coronavirus Shutdown

Here is an article about how a five person OBGYN practice dealt with the Coronavirus shutdown. As you can see they laid off all their staff and the Surgeons all took substantial pay cuts. If it makes Podiatrists feel any better Hospitals are just as concerned about cancelled elective procedures as you are. https://www.politico.com/news/2020/03/29/hospitals-elective-surgeries-coronavirus-152509 Here …

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How can Podiatrists get a SBA Coronavirus Bailout loans?

The government has recently approved a program that will allow businesses decimated or hurt by the Coronavirus to obtain Small Business Administration Loans or SBA Loans to stay afloat. These loans come at a very timely period for Podiatrists, who are in financial trouble due to being unable to open their office and see patients. …

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Medicare is expanding Telemedicine coverage for Podiatrists

Starting tonight Medicare will fully reimburse seniors for telemedicine conversations with their doctors. Regardless of location a senior will be able to dial in and talk to the Podiatrist. The Podiatrist will then be able to bill that. The article is here: https://apnews.com/58e118636f3e39c53370131561127a54 If you are a Podiatrist interested in billing Telemedicine this is a …

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Four Ways a Podiatry Practice can Survive a Coronavirus Shutdown

The Coronavirus has hurt Podiatry practices all over the country. This has made it difficult for Podiatrists and their practice to be able to survive. No more elective surgery, older patients not traveling to see doctors. All these conditions have resulted in Podiatry practices essentially becoming shut down and ghost towns. How are you going …

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Where can Podiatrists find loans during the CoronaVirus shut down?

Podiatry practices are closed for weeks or months. Podiatrists are having to postpone elective surgery. The fact is the financial stress on Podiatrists is about to be immense. What are they going to do to make ends meat? Podiatrists all over are going to need bridge loans to make payroll, lease payments. There are a …

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