On January 15, 2021, the Department of Health and Human Services (HHS) released new guidance stating that the reporting timeline for Provider Relief Fund (PRF) will be delayed. This is an important update for healthcare providers who received more than $10,000 in one or more PRF payments. As we previously noted, the reporting system was originally set to be available on 1/15/2021, with the initial reporting on use of funds due by 2/15/2021. However, the passage of $3 billion in additional PRF funding in late December 2020 under the Coronavirus Response and Relief Supplemental Appropriations Act resulted in the reporting timeframe being pushed back as HHS is working to revise the PRF reporting requirements to be consistent with the new law. As a result, healthcare providers who received PRF payments will now need to submit their reporting requirements at a later date. There is currently no deadline for compliance.
In the meantime, HHS urges providers to begin registering for access to the Reporting Portal by creating a reporting account at the newly enabled PRF reporting website. Although there is no deadline for creating a reporting account, providers must complete this first step and begin the reporting process to comply with the parameters of the reporting requirements once the new deadline is announced.
Please note that the reporting requirements released on January 15, 2021 do not apply to the funds from:
- Nursing Home Infection Control
- Rural Health Clinics Testing
- COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing
- Treatment and Vaccine Administration for the Uninsured recipients
The HHS call center and provider support are currently limited, but any of our Medical Practice specialists will be happy to assist if you have any questions relating to the Provider Relief Fund.
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About Tu Nguyen
Senior Finance Consultant
Tu Nguyen holds the position of Senior Finance Consultant at Ryan & Wetmore, P.C., where she primarily works with clients on business consulting, financial planning & analysis, mergers & acquisitions, and various healthcare projects. Tu earned her M.A. degree in Economics from Johns Hopkins University and a B.A. in Economics and Mathematics from Lake Forest College in Illinois.
About Traci Getz
Partner & CPA
Traci is a partner with Ryan & Wetmore, PC and is based in our Frederick, MD office. The Frederick office is home to the firm’s small business services department. Traci currently works with clients on individual, corporate, and tax compliance issues along with a variety of accounting and consulting services for small and medium-sized business owners.