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Accord COVID-19 Pre-Recovery Business Impact Tool

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* 1. How worried are you about the impact of COVID-19 on your practice/business?

Extremely worried

Very worried

Somewhat worried

Not too worried

Not at all worried

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* 2. How has COVID-19 impacted your practice/business?

Loss greater than 60% of cases/patient visits or customers

Loss of 50-60% of cases/patient visits or customers

Loss of 40-50% of cases/patient visits or customers

Loss of 30-40% of cases/patient visits or customers

Loss of 20-30% of cases/patient visits or customers

Loss of 10-20% of cases/patient visits or customers

Loss of 10% or less of cases/patient visits or customers

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* 3. Have you seen delays in your Accounts Receivable? (delays in getting paid for services)

Yes, and it's crippling

Yes, but it's manageable

No, it's business as usual

I don't know

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* 4. As of today, how many months of Operating Cash is on hand?

6 months +

5 months

4 months

3 months

1-2 months

Rather not say in the survey

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* 5. What measures have you already taken to extend your Operating Cash? (CHECK ALL THAT APPLY)

Taken out loan or line of credit (include CARES Act SBA/PPP loans etc.)

Furloughed or laid off employees

Cut staff salaries

Cut or delayed partner salaries

Cut employee and partner benefits

Renegotiated w/ vendors and utilities (lease, phone, IT etc.)

Developed new services (or adapted existing services to the new market)

Other (please specify)

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* 6. How confident are you that your company will improve (or hold steady) its current financial outlook during the COVID-19 crisis?

Confident, but find financial forecasting a "moving target" (variables are always changing and it's difficult to keep up with)

Confident, but I'd like another opinion

Not so confident

Not confident at all

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* 7. How confident are you that most, if not all, viable measures have been considered/taken to extend Operating Cash through the COVID-19 crisis?

Extremely confident

Very confident

Somewhat confident

Not so confident

Not confident at all

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* 8. How difficult has it been to keep up with and take advantage of government assistance programs (i.e., CARES Act, SBA PPP, PHSSEF)?

Extremely difficult

Difficult

Somewhat difficult

Not difficult

I'm not aware of these programs

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* 9. To what degree is your company open to outside counsel/consulting for the development of better financial solutions and forecasting during the COVID-19 crisis?

Open but need more information re: what type of assistance is available

Open

Somewhat open

Not at all

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* 10. Thank you for participating. This assessment will help determine how your company will benefit from dynamic financial simulation during the COVID-19 crisis. We will contact you within 24 hrs. with the results of your assessment (including how they compare with others). Please leave your NAME, TITLE & 2 methods of preferred contact (i.e., phone, email, social media) AND type of business. NOTE: Your contact information remains anonymous (only statistics will be shared w/ other respondents).