Lessons from the Past, Planning for the Future: Effective Compliance Considerations and Risk Mitigation Strategies for Government Funds Recipients in the Age of COVID-19 - McDermott Will & Emery

Lessons from the Past, Planning for the Future: Effective Compliance Considerations and Risk Mitigation Strategies for Government Funds Recipients in the Age of COVID-19

Overview



Compliance is key for those accustomed to receiving government funds, and recent COVID-19-related relief funding comes with new terms and conditions that are causing organizations to take a hard look at their existing compliance measures.

For those who are new to receiving government funds, taking steps to ensure compliance with the rules is critical. And even for those already accustomed to compliance basics for programs such as Medicare and Medicaid, some terms and conditions of these programs may still be new and unfamiliar. Given the sheer magnitude and broad public awareness of the federal stimulus packages, there is no doubt that the Department of Justice, other enforcement agencies and whistleblowers will closely scrutinize organizations’ receipt, expenditure and compliance with the terms associated with recent relief funding—as will Congress, the news media and watchdog organizations.

Lessons can be learned from enforcement activity associated with prior crises. You can take steps now to help reduce operational, legal and reputational risk associated with the acceptance and use of relief funds. Please join our government enforcement lawyers as they speak about applying those lessons and implementing compliance steps in order to reduce future risks and make fully informed decisions for your organization. Topics include:

  • Current state of the terms and conditions for various categories of relief funding (e.g., the CARES Act Provider Relief Fund, Paycheck Protection Program, Medicare Payment Advance/Acceleration) and the obligations your organization will need to fulfill to comply with them
  • Steps you can take to ensure you have processes in place to monitor compliance with the rules associated with relief funding
  • Internal auditing and monitoring considerations
  • What to do if you become the target of scrutiny

Your questions will help drive the Q&A portion of this webinar, so we encourage you to note in the “Questions & Comments” box areas in which you could use additional guidance.

CLE credit will be provided for this webinar. For more information about this webinar, please contact Kristina Repko.

MCLE credit is pending in California, Illinois and New York. Attendees who request credit in other states will receive a Uniform Certificate of Attendance, which can be used to claim credit as permitted by applicable state MCLE rules.

Registration Information

Time

12:00 pm – 1:00 pm (EDT)

Zoom Webinar

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