Provider Relief Fund Reporting Now Due (Online-Only Article)
February 2022 ISSUE February 1, 2022Practice Management Financing
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Congress established the Provider Relief Fund (PRF) under the CARES Act to reimburse health care providers for lost revenue and increased business costs, such as staffing, supplies, PPE, lab, and rent expenses, resulting from COVID-19. We’re pleased that approximately 76% of our members followed our advice to apply for and receive Provider Relief Funds.
However, receiving a PRF grant is just the first step in successful funding. To keep all the PRF payments you received, you must demonstrate that you spent them on approved overhead expenses or lost revenue and properly report your use of the funds. The time for reporting has come.
Doctors who received PRF payments exceeding $10,000 between July 1-December 31, 2020 had until December 31, 2021 to spend those funds and until March 31, 2022 to submit their report to the Department of Health and Human Services (HHS). To ensure that you keep all of your payments, you must submit your report online at prfreporting.hrsa.gov before the March 31, 2022 deadline. If you have questions, contact the HRSA Provider Support Line at 866.569.3522 between 7am-10pm CT, Monday-Friday, or visit HRSA.gov.
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