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Stimulus reconciliation and cash flow modeling tool for senior care and living facilities

July 7, 2020 / 2 min watch

As Health and Human Services continues to provide guidance on reporting requirements for the CARES Act provider relief funds, it’s critical to properly track use of the monies. Pat McCormick explains how our stimulus reconciliation model can monitor, track, and project use of funds.

If you’re getting CARES Act stimulus support, you’re likely facing questions about the use of funds. How does provider relief funds get accounted for in conjunction with SBA PPP forgiveness calculations? How should we account for lost revenue? When will COVID-19-related losses exceed stimulus fund receipts? What impact would refunding stimulus funds have on cash and investments? What’s the overall impact on operations?

Get the answers as we use our financial modeling tool specially designed to help senior care and living providers document necessary CARES Act use of funds and forgiveness information.

We will help you:

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