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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

U.S. Treasury Secretary Announces Some Relief for Taxpayers Due to Coronavirus

March 18, 2020In an unprecedented move, U.S. Treasury Secretary, Steve Mnuchin, has announced some limited relief for taxpayers in light of the Coronavirus pandemic.Client Alert

COVID-19 and Commercial Contracts: Is it Time to Modify?

March 17, 2020The coronavirus (“COVID-19”) pandemic will likely create hardship for parties attempting to perform under many types of commercial contracts. Significantly, contracts requiring travel and/or involving the provision of goods and services are likely to be substantially impaired or impacted.Client Alert

COVID-19 & Your Construction Business - A Triage Checklist

March 17, 2020Many business operations are shutting down at an alarming pace. The coronavirus (“COVID-19”) pandemic is already impacting the construction industry and creating uncertainty for the progress of current and future projects. Small/mid-size businesses may not be in financial position to sustain prolonged economic revenue declines. Navigating the next few months will be vital in preserving existing business relationships and planning for future business when the conditions improve. BMD offers some practical advice to manage risks and take reasonable precautions during this pandemic. The following checklist is designed to help you identify prudent actions so you can successfully navigate the unknownClient Alert

Coronavirus Update for Employers - March 16, 2020

March 16, 2020The key point for Employers to remember: It will be difficult for Employers to make a wrong decision. The Coronavirus/COVID-19 is a “pandemic,”, which means that there is sustained human-to-human transmission which is not geographically contained. It also means that Employers are given leeway in their workforce decisions. “During a pandemic, employers should rely on the latest CDC and state or local public health assessments.” – EEOC Employers are expected to make their best efforts to obtain public health advice that is contemporaneous and appropriate for their location, and to make reasonable assessments of conditions in their workplace based on this information.Client Alert

IRS Issues Guidance Relating to High Deductible Health Plans and Coronavirus Testing

March 12, 2020In response to the Coronavirus/COVID-19 pandemic, the IRS has released guidance in Notice 2020-15 relating to the testing and treatment for individuals covered by a High Deductible Health Plan (HDHP).
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