APMA has the resources you need to help you through every step of your career. With detailed information about MIPS and recent coding trends along with compliance guidelines and practice marketing materials, APMA has you covered whether you are just getting started in practice, preparing for retirement, or anywhere in between.
Today's podiatrist has the necessary education and training to treat all conditions of the foot and ankle and plays a key role in a keeping America healthy and mobile while helping combat diabetes and other chronic diseases.
Your feet are excellent barometers for your overall health. Healthy feet keep you moving and active. They are quite literally your foundation. In this section, learn more about APMA Seal-approved and accepted products, proper foot care, common foot and ankle conditions, and how your podiatrist can help keep you and your feet healthy.
APMA is the only organization lobbying for podiatrists and their patients on Capitol Hill. As the voice of podiatric medicine to your legislators and regulators, APMA is active on a variety of critical issues affecting podiatry and the entire health-care system.
The Small Business Administration (SBA) released an interim final rule on April 2 addressing the Paycheck Protection Program (PPP), a new SBA loan option created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The PPP is designed to help small businesses with payroll and related costs for an eight-week period. APMA encourages members to apply for this loan as soon as possible, as the money will be distributed on a first come, first served basis.
This interim final rule clarifies the following:
Expanded lending options: Any existing SBA lender, federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating can service the loan. Podiatrists should consult with their local lender to determine whether it is participating.
What the loan can be used for: Podiatrists can use the loan for payroll purposes, benefits payment, rent, mortgage interest, utilities, and the like. The SBA expects that 75 percent of the loan proceeds will be used for payroll costs.
Updated loan terms:
Podiatrists who borrow under this program may owe money when their loan is due if they use the loan amount for anything other than payroll costs, mortgage interest, rent, and utilities payments over the eight weeks after getting the loan. They will also owe money if they do not maintain their staff and payroll. If any or portion of the loan is not forgiven, these loan terms apply for all borrowers. The SBA has updated the fixed interest rate for repayment of this debt to 1 percent, instead of the 0.5-percent fixed interest rate that was proposed originally.
APMA has created a comprehensive resource page that addresses these updates to the PPP in addition to other small business financial resources such as the Economic Injury Disaster Loan (EIDL) at www.apma.org/COVID19SBA.
Please note: APMA is partnering with Marcum LLP to offer its members a one-hour webinar on Tuesday, April 7, at 5 p.m. ET, about recent COVID-19 legislation and resources for you and your practice. We strongly recommend attendance at this webinar—register today! If you are unable to attend, the webinar will be recorded and posted this week.
If you have general questions about the PPP or other small business resources available during the COVID-19 crisis, please contact the APMA Health Policy and Practice Department at email@example.com.