Matthew Smierciak
Mercadien Announces Executive Promotions; Several Associates Promoted to Director
Mercadien is pleased to announce several promotions within the firm’s corporate leadership team. Three professionals were promoted to the level of Director: Ms. Melissa Correa, CRCM, a member of the Financial Institutions Services Group and resident of Oklahoma City, OK; Mr. Matthew Daly, CPA, a member of both the Government Services and Audit and Assurance…
Why Your Organization May Benefit From a Process Efficiency Study
The world has changed since the COVID-19 pandemic hit over a year ago, causing organizations to adapt to these changes and adjust to operating in a remote environment. New policies and procedures along with increased regulatory requirements can be a hurdle for any organization. As such, your organization should consider performing an efficiency study. Efficiency…
State & Local Government Entities – Are You Spending Your Relief Funds Properly?
The Coronavirus Relief Fund, a product of the Coronavirus Aid, Relief and Economic Security (CARES) Act, distributed $150 billion of payments for specified uses to state and certain local governments. The governments that receive funding have flexibility when determining who to disperse the funds to, however the funds must be used on eligible expenses. Additionally,…
Is Your Organization Utilizing All Available Relief Funds for Healthcare Providers?
The Coronavirus Aid, Relief and Economic Security (CARES) Act established and appropriated $175 billion the Provider Relief Fund. The Provider Relief Fund supports American families, workers, and the heroic healthcare providers on the front lines in the battle against the COVID-19 outbreak. Its mission is to issue relief funding to alleviate financial hardship caused by…
$155M Funding Available for NJ Long-Term Care Facilities
Yesterday New Jersey Governor Phil Murphy, Department of Health (DOH) Commissioner Judith Persichilli, and Department of Human Services Commissioner Carole Johnson announced that $155 million in relief funds will be provided to long-term care facilities. The funding will assist the facilities with the implementation of a new DOH directive focused on safely reopening long-term care…
Additional $15M in CARES Act Funding to be Distributed by the NJEDA
On August 11, the New Jersey Economic Development Authority (NJEDA) approved $15.3 million in CARES Act funding through their Small Business Assistance Grant Program. The purpose of adding the additional funding to this program is to provide assistance to businesses located in twelve New Jersey counties that did not receive direct funding from the federal…
CARES Act Funding for Home & Community-Based Service (HCBS) Providers – What You Should Know
The Coronavirus Aid, Relief and Economic Security (CARES) Act established the Coronavirus Relief Fund (the Fund) and appropriated $150 billion to the Fund. The purpose of the Fund is to make payments for specified uses to state and certain local governments. State governments that receive funding have flexibility when determining how to use the funds.…
The Impact of the Opioid Crisis on Treatment Providers
Opioid use and addiction have reached epidemic proportions in this country. According to the U.S. Centers for Disease Control and Prevention, in 2016, an average of 115 Americans per day died from an opioid overdose,1 leading President Trump to declare a Public Health National Emergency in October 2017 and set goals to address the issue. The…
Are You in Control of Your Company? Look Internally.
Overview of Internal Controls and Their Importance We live in a fast-paced and rapidly-changing business environment focused on innovation and efficiency. With new systems, means of access, and growth, it is critical that your organization consistently reviews and updates its internal controls, policies and procedures. This needs to be done to stay ahead of the…