The Health Resources and Services Administration (HRSA) announced two important updates last week related to Provider Relief Funds (PRF) and Reporting Requirements:
- $8.5 billion for providers that serve rural patients under the Medicare, Medicaid or Children’s Health Insurance Program (CHIP), and
- $17 billion “for a broad range of providers who can document revenue loss and expenses associated with the pandemic.”
- Implemented in order to help providers comply with PRF reporting requirements
- Although HHS will not initiate collection activities or enforcement actions during the grace period, providers will still be out of compliance if reporting is not submitted by September 30, 2021
If you have questions about these two updates, please reach out to us for more information.