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HHS Publishes Reporting Requirements for Provider Relief Funds

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The Department of Health & Human Services (HHS) released additional guidance on reporting requirements for certain recipients of Provider Relief Fund payments. Group practices that received more than $10,000 in Provider Relief Fund payments must report how they spent the funds on COVID-related expenses and lost revenue. More detailed reporting is required for those that received $500,000 or more.

The Department of Health & Human Services (HHS) released additional guidance on reporting requirements for certain recipients of Provider Relief Fund payments. Group practices that received more than $10,000 in Provider Relief Fund payments must report how they spent the funds on COVID-related expenses and lost revenue. More detailed reporting is required for those that received $500,000 or more.

PRF funds can be used in the following manner and order:

  • Expenses attributable to coronavirus that are not reimbursed or obligated to be reimbursed from other sources
  • Lost revenues, as represented by a change in net patient care operating income from 2019 to 2020 (revenue less expenses)

If recipients do not expend PRF funds in full by the end of calendar year 2020, they will have an additional six months in which to use remaining amounts toward expenses attributable to coronavirus but not reimbursed by other sources, or to apply toward lost revenues in an amount not to exceed the 2019 net gain. For example, the reporting period January – June 2021 will be compared to the same period in 2019.

The reporting system will be available in early 2021 rather than in October 2020, as HHS originally stated. Deadlines have changed numerous times, and any dates included in the guidance are still subject to change. To help you comply with the reporting requirements for Provider Relief Funds, please refer to the following:

For the latest information, visit the CARES Act Provider Relief fund website at hhs.gov/providerrelief.

For additional assistance, contact the HHS Provider Support Line at (866) 569-3522 Monday through Friday, 7:00 a.m. to 10:00 p.m. Central Time, or contact Yeo & Yeo.

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