September 2017 Archives

CMS REPORTING DEADLINE FOR MEDICARE-PARTICIPATING PRACTITIONERS IS OCTOBER 2, 2017

If yours is one of the small clinical practices with less than $30,000 in Medicare revenue or fewer than 100 unique Medicare patients per year, October 2, 2017 will be just another Monday. However, for most Medicare-participating health care practitioners, Monday, October 2, 2017 marks the deadline for significant reporting requirements under the Centers for Medicare & Medicaid Services ("CMS") Quality Payment Program of the Medicare Access and CHIP Reauthorization Act of 2015 or "MACRA".

Think "GREEN" ALTERNATIVES IN A "GREEN" INDUSTRY

Recent studies on the electrical usage of cannabis cultivations have confirmed what many in the industry have known first hand for quite some time - indoor marijuana grows use substantial amounts of electricity. While the advent of LED grow lighting has helped reduce costs for cultivators willing to deviate from the historical norms of using traditional 1,000 Watt grow lamps, the industry continues to drastically outpace other industries in usage, in part, because lighting is only one contributing factor to a cultivation's electrical bill. The constant humming of fans deployed to balance heat, and sizable HVAC systems needed to disburse moisture and mitigate odor, are also primary contributors.

Mechanics' Liens: A Complex but Powerful Remedy

For a contractor, subcontractor or supplier who has not been properly paid, few remedies match the power of the mechanics' lien. A properly-recorded mechanics' lien allows a party to file an action in state court against the subject property, and to foreclose and force the sale of that property to satisfy the lien amount. In fact, the mechanics' lienor typically has priority over all other creditors except those with superordinate mortgages or liens. Accordingly, a property owner will typically secure a bond for the amount of a properly recorded mechanics' lien, with the lien transferring from the property to the bond. This gives the lienor a source of cash for the satisfaction of the unpaid amount.

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