COS Hosted Webinar: Surviving Covid 19: How to Best Evaluate Your Orthopaedic Practice
COS recently hosted a webinar, “Surviving Covid 19: How to Best Evaluate Your Orthopaedic Practice”, which featured legal, accounting and practice management experts presenting on, Accounting for Your PPP, Business Interruption Insurance and Understanding Your Practice Loss and Expenses.
The webinar recording and powerpoint slides from the panelists are available to the COS members and their staff by clicking on the links below.
Does Commercial Property/Business Interruption Insurance Cover Losses & Expenses Resulting from Covid 19 for Medical Practices?
Special thanks to featured webinar speaker, Archie Lamb, Jr, Esq. and of Counsel with the law firm Levin, Papantonio, Thomas, Mitchell, Rafferty and Proctor, Florida for providing this article. To reach Attorney Lamb, please email him at alamb@levinlaw.com
Since early 2020, medical practices across the nation have been facing a growing problem: loss of business as a result of the novel coronavirus and the disease it causes, COVID-19. Starting in March, cities, counties, and states have restricted/prohibited businesses and entered stay-at-home orders to battle the spread of COVID-19. As a result, many medical practices were told by state and federal government order to limit or restrict services/capacity.
Now these medical practices are asking whether their insurance policies cover losses from COVID-19. What follows is an outline to consider the significant issues that may arise in connection with insurance coverage for COVID-19 business losses and expenditures specific to medical practices.