Skip to Content
Video

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:

Related Thinking

Medical professional looking at scans on a computer.
March 21, 2025

Proceed with confidence: Fundamental strategies to secure medical devices from cyberthreats

Article 4 min read
Group of nonprofit professionals in a meeting.
Feb. 26-Mar. 19, 2025

2025 Nonprofit Summit

Webinar 4 hour watch
Two doctors walking together outside of a modern hospital.
March 19, 2025

2023 Supplemental Security Income ratio published by CMS

Article 1 min read