Provider Relief Fund Reporting Overdue, New Funds Available

Provider Relief Fund Reporting

Did your practice receive PRF (Provider Relief Fund) payments over $10,000 from April 10, 2020 to June 30, 2020?

  • If so, the PRF Reporting Portal is open where you must report how the funds were used.
  • Reporting was officially due by September 30 but a 60-day grace period was just added.
  • Recoupment or other enforcement actions will not take place during the 60-day grace period.
  • Unused funds must be returned no later than December 30.
  • Note: this schedule only applies to funds received during “Period 1”, i.e. April 10 to June 30, 2020. 

If your practice received Provider Relief Fund payments after June 30, 2020 the key dates are 

Payment Received Deadline to Use Reporting Period
Period 2 July 1 – Dec 31, 2020 Dec 31, 2021 Jan 1 – Mar 31, 2022
Period 3 Jan 1 – June 30, 2021 June 30, 2022 July 1 – Sep 30, 2022
Period 4 July 1 – Dec 31, 2021 Dec 31, 2022 Jan 1 – Mar 31, 2023

 

New Provider Relief Funds

On September 29, applications opened for an additional $25.5 billion in PRF funds “to offset revenue loss and higher expenses due to the pandemic.” Applications must be completed before October 26.

  • These funds are targeted at smaller providers and those that have a disproportionate amount of Medicaid and/or Medicare patients.
  • In the press release announcing the new funding, HHS Secretary Xavier Becerra said, “The funding will be distributed with an eye towards equity, to ensure providers who serve our most vulnerable communities will receive the support they need.”

References

https://www.hrsa.gov/provider-relief/reporting-auditing 

https://www.mcguirewoods.com/client-resources/Alerts/2021/9/hhs-grants-reporting-grace-period-provider-relief-fund 

https://www.fiercehealthcare.com/hospitals/hhs-releases-25-5b-covid-19-relief-funding-targeted-at-smaller-providers 

https://www.hrsa.gov/provider-relief/future-payments 

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