In Revenue Cycle Management

ADA asks Congress for changes to PPP to help dental practices

The American Dental Association is urging Congress to consider changes to the Paycheck Protection Program in the next COVID-19 relief package.

In a Feb. 19 letter, ADA President Daniel Klemmedson, MD, DDS, and Executive Director Kathleen O'Loughlin, DMD, stressed the need for continued changes to the program.

These changes include:

• Providing startup small businesses that opened after Feb. 15, 2020, with access to PPP and other federal small business loans/grants.
• Allowing businesses to choose any three-month period to illustrate a 25 percent reduction in revenue for second-draw PPP loans.
• Ensuring that lenders are not requiring overly burdensome documentation to apply for a second-draw PPP loan.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.