Phreesia, Inc. · NYSE:PHR
Phreesia — Conference Presentation (April 2020)
10 slides from Phreesia's conference presentation, Apr 9, 2020
Slide 1: CARES Act and Your Medical Practice: What You Need to Know
PRESENTED BY CARES Act and Your Medical Practice: What You Need to Know THURSDAY APRIL 9, 2020 1 PM ET (12PM CT; 10AM PT) 1
Slide 2: Today's Speakers
TODAY'S SPEAKERS Tom Altier Andrew Pusar Kevin Grumberg Chief Financial Officer Partner Partner PHREESIA Goodwin Procter LLP Goodwin Procter LLP Disclaimer: This is a general presentation on the stimulus loan programs which was recently enacted and has been rapidly evolving. Goodwin is participating
Slide 3: Federal Small Business Loan Programs: Overview
FEDERAL SMALL BUSINESS LOAN PROGRAMS: OVERVIEW Payroll Protection Economic Injury Disaster Loans (EIDL) Loan Program (PPP / PPL / PPLP) Private SBA-approved lenders Lender (current and new) Small Business Administration directly Pre-existing program, additional $10 billion Federal Allocation $350 bi
Slide 4: Federal Small Business Loan Programs: Proceeds & Forgiveness
FEDERAL SMALL BUSINESS LOAN PROGRAMS: PROCEEDS & FORGIVENESS PPL EIDL 75% of the loan proceeds must be used Working capital, including payments of for payroll and benefit costs fixed debts, payroll, and accounts Balance may be used for, among payable. Use of Proceeds others, utilities, rents and cer
Slide 5: Federal Small Business Loan Programs: Key Loan Terms
FEDERAL SMALL BUSINESS LOAN PROGRAMS: KEY LOAN TERMS PPL EIDL Open Apr 3 to Jun 30 Open Jan 31 to Dec 31 Application Timing Turnaround time TBD Turnaround ~4 weeks Rate 1.0% 3.75% Maturity 2 yrs Up to 30 yrs No interest or principal payments for 6 Deferral months None No waiver. A combination of Gua
Slide 6: Federal Loan Programs for Small Businesses: Qualification & Affiliation
FEDERAL LOAN PROGRAMS FOR SMALL BUSINESSES: QUALIFICATION & AFFILIATION How to Qualify? Both programs require that you are either a “small business concern” or meet the applicable headcount for being "small" (generally <500 employees). “Affiliates” are included in a business employee count (which is
Slide 7: Federal Loan Programs for Small Businesses: Applying
FEDERAL LOAN PROGRAMS FOR SMALL BUSINESSES: APPLYING Applications for EIDLs are done online through the SBA website. • Details: https://covid19relief.sba.gov/ Applications for PPLs are done through a private SBA-approved lender. • Details: https://home.treasury.gov/cares • The ‘final’ application po
Slide 8: Federal Loan Programs for Small Businesses: CPOM Concerns
FEDERAL LOAN PROGRAMS FOR SMALL BUSINESSES: CPOM CONCERNS Why are CPOMs a particular case? CPOM structures often run afoul of size standards due to affiliation with either the hospital system they contract with and/or a practice management entity with institutional investors What Factors Affect Affi
Slide 9: FAQ
FAQ
Slide 10: Thank You
THANK YOU Brianna Baxter Bbaxter@phreesia.com 2020 BEST IN KLAS PATIENT INTAKE MANAGEMENT