Aug 20 HHS Provides Details on Reporting Requirements for the Provider Relief Fund
On August 14, 2020, the U.S. Department of Health and Human Services (HHS) provided details on the Provider Relief Fund reporting requirements. The Provider Relief Fund (PRF) was allocated $175 billion under the CARES Act to reimburse eligible healthcare providers for healthcare-related expenses and lost revenues attributable to COVID-19.
Here is a recap of the guidance and timelines recently released:
- All recipients must report within 45 days of the end of the 2020 calendar year on their expenditures through the period ending December 31, 2020.
- Recipients who have expended funds in full, prior to December 31, 2020, may submit a single final report at any time during the window that begins October 1, 2020, but no later than February 15, 2021.
- Recipients with funds unexpended after December 31, 2020 must submit a second and final report no later than July 31, 2021.
- There is no quarterly filing requirement, as was initially announced.
We are still awaiting detailed PRF reporting instructions and a data collection template with the necessary data elements. The reporting system should become available to recipients on October 1, 2020 through the Health Resources and Services Administrative (HRSA) website.
Sax will continue to update you as further details are made available. Reach out to your Sax advisor or email [email protected] with questions. For more and on-going information relative to your state and business, visit Sax’s COVID-19 Resource Center.