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Everything you need to know about BMD and the industry.

BMD President Matt Heinle Shares Insights on the Critical State of Hospitals

Client Alert
April 24, 2020

Bloomberg News published this video piece today on the concerning state of America's hospitals due to the coronavirus crisis. BMD President Matt Heinle provides his thoughts on how the pandemic has been so damaging to the financial health of our healthcare providers. 

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Client Alert

With Summer Vacation on the Way, Are Employees Still Entitled to Childcare Leave under EFMLEA?

May 13, 2020Distance learning/homeschooling is finally starting to wrap-up for millions of students across America, a perhaps welcomed end for many, and summer vacation will soon begin. As summer vacation begins, your employees may have questions as to whether they qualify for child care leave under the expanded FMLA (“EFMLEA”), which many employees used over the last few months to receive partial compensation while they were away from work to care for their children. Now, employers with fewer than 500 employees must take note of additional guidance recently published concerning qualification for childcare leave.Client Alert

Economic Impact Payment is Not Taxable Income

May 12, 2020The IRS stated that the economic impact payments are not considered taxable income. Therefore, individuals will not owe tax on the amount of economic impact payment received.Client Alert

Accommodating the Return to Work

May 8, 2020It has been two months since Ohio declared coronavirus an emergency, and although it is clear things will not be fully back to "normal" anytime soon, the state of Ohio is rolling out the reopening process for businesses with a number of new guidelines and restrictions.Client Alert

Relief for Employers from Unemployment Filings

May 8, 2020From the last 7 weeks, the total number of unemployment filings in the U.S. now totals 33.5 million, an unprecedented number comparable to the number of filings during the Great Depression. Although some state and federal funds are being used to supplement the unemployment funds, providing additional compensation to the unemployed, employers will be responsible for a very large portion of the total funds being doled out to employees.Client Alert

The Reasoning Behind Governor DeWine's $775 Million Budget Reduction

May 7, 2020This week, Governor DeWine announced $775 million in cuts to the state operating budget due to financial repercussions resulting from the COVID-19 pandemic.
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