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Sarasota County Medical Society

A professional membership organization that has been serving our community since 1924.

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Financial Relief and Payments

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HHS Provides Relief

Department of Health & Human Services has announced they

will release $30 billion of the $100 billion designated for the

CARES Act and provide immediate relief of three weeks of revenue for physicians only.  We commend HHS for making this a priority and taking care of the doctors.

 

If you qualify, the funds will be automatically deposited into your account.  We have been notified that some doctors have already received payments.  Be sure to check your account daily. 

 

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CARES Act 2020

Small Business Owners Guide

 

CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.  Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.

 

SCMS has provided the following information for physician practices interested in applying for a loan.