As the long-term impacts of the COVID pandemic unfold, there will continue to be uncertainty and change in healthcare. Some healthcare industries and operators will be able to adjust and overcome…
Articles
Medicare and Home Health Lending in 2021
Healthcare ABL lenders have historically been hesitant to lend to Home Health Agencies (“HHA”), particularly ones that have a high percentage of Medicare patients. This is due to the episodic nature of Medicare Home Health claims which included upfront payments…
Senior Housing Valuation Outlook
JP LoMonaco, President of The Valuation & Information Group, provides a Question and Answer opinion piece on the impact COVID has had on LTC real estate transactions. Mr. LoMonaco and his team provide specialized…
How the Pandemic Shaped Travel – A Field Examiner’s Perspective
Business travel came to an abrupt halt for many industries as a result of COVID-19. Travel was an integral part…
Important Dates to Know for 2021
Under normal circumstances healthcare providers operate in an ever-changing, dynamic environment. Relief provided to healthcare providers in response to the pandemic compounds this reality. Despite many unknowns in the midst of the pandemic, here are some key dates for 2021…
Medicare AAPP Recoupment has Begun
BY&S’s monitoring team is prepared to review and report on the Medicare Accelerated/Advance Payment Program (“MAAPP”) recoupment progress for borrowers in a lender’s portfolio. We offer near real-time updates of amounts recouped through the review of Medicare remittance advices…
Celebration of Cinco de Mayo and the Retirement of Les Breiland
For Cinco de Mayo, all of our team members gathered for a Happy Hour Zoom call. In addition to celebrating Cinco de Mayo, we also celebrated the retirement of our dear friend and colleague, Les Breiland, who has worked…
BY&S New Hires Recap!
Even though the pandemic hit in 2020, we are thankful to have added Ian, Mitchell, Lindsey, Eric, Matt D and Matt N to our team! In 2021, we welcome Leanne McCord! See below for a brief summary of each team member…
Recent Employee Promotions!
We are happy to announce the promotion of Rob Stott, Creighton Howard, Ryan Ormerod and Michael Connor from Field Examiner Staff Level 1 to Field Examiner Staff Level 2. Rob, Creighton and Ryan’s promotions were effective January 2021 and Michael’s…
Here’s Our Take on What’s Ahead for 2021
Brian Young, Partner – CEO, I anticipate that borrowers will feel more of the financial impact of COVID-19 as we progress into 2021. Many providers will continue to experience lower volumes with higher costs, which will result in the need for…