Members of the firm’s Healthcare Department will present the program “The Federal Government is Taking Aim at PPP Loan and COVID Relief Payment Fraud: What ALL Healthcare Businesses That Received Pandemic Relief Funds Need to Know” at the 46th Annual NJ HFMA Institute. The educational session is scheduled for Thursday, October 27, 2022 from 1:05pm – 1:55pm at the Borgata Hotel and Casino Spa in Atlantic City, the location of this year’s Institute. Greenbaum partners Christopher D. Adams, Robert B. Hille, and James A. Robertson will serve as the firm’s presenters.
The U.S. Department of Justice (DOJ) recently affirmed what many have suspected – that the federal government will continue to persistently pursue fraud related to COVID relief programs. This will include alleged theft of nearly $80 billion of the $800 billion handed out as part of the Paycheck Protection Program (PPP), between $90 and $400 billion of the $900 billion distributed from the unemployment relief program, and another $80 billion allegedly pilfered from other COVID disaster relief programs.
This program will provide critical information that ALL healthcare organizations who received PPP or other pandemic relief funds should have on their radar and be prepared to address, including:
- An overview of the federal government’s process for identifying and investigating potential fraud
- An update on the government’s prosecution of COVID Relief fraud to date – and a look at where those efforts are headed
- How to respond if you receive a Request for Information from a government agency related to your pandemic relief funds
- The importance of proactively taking steps to review compliance, mitigate non-compliance, and address corrective measures and exposure to enforcement with the appropriate government agency
Additional information about this year’s Institute, including registration, is available on the NJ HFMA website.