January 15, 2021
Due to the recent passage of the Coronavirus Response and Relief Supplemental Appropriations Act, The U.S Department of Health and Human Services (HHS) will be amending the original reporting timeline for Provider Relief Funds (PRF). As of today, new deadlines are not yet available, but it is clear from the announcement that the February 15, 2021 deadline will be extended.
Also starting today, PRF recipients may begin registering for gateway access to the Reporting Portal where all providers who received in excess of $10,000, will ultimately submit their information in compliance with the new reporting requirements issued by HHS today (see below).
You may access the portal that includes other resources and the registration user guide. HHS estimates the registration will take approximately 20 minutes. Please note, only registration is possible, as there’s no functionality or capability to begin entering information.
Per HHS, registrants will be notified via the email address used for the registration about when they should complete the second step of submitting reporting requirements information on the use of PRF’s.
Also of great importance, HHS has updated the (PRF) reporting instructions. Please note the new alternatives that are provided for reporting Lost Revenue, as this will have a significant impact for many.
Please read the full HHS Press Release and see the relevant excerpt below.
“Beginning last summer, HHS began outlining comprehensive reporting instructions that would apply to recipients of PRF funds that received payments exceeding $10,000 in aggregate. HHS previously planned to open the Reporting Portal based on this previously released information by today, January 15, 2021, with the first deadline for submissions on February 15, 2021. In late December, however, Congress passed the Coronavirus Response and Relief Supplemental Appropriations Act which added another $3 billion in funding to the PRF program and included language specific to reporting requirements. HHS has been working to update the PRF reporting requirements to be consistent with this new law. That said, as HHS has done in the past, the department wanted to give recipients ample time to familiarize themselves with the updated reporting requirements well in advance of required submission deadlines.”
contact a member of Withum’s Healthcare Services Group.