tci Medicare Compliance & Reimbursement - 2021 Issue Q3

Provider Relief Funds: Check Out the Latest PRF Deadline and Reporting Turnarounds

Heads up: More PRF funding may be on the way. The Department of Health and Human Services (HHS) has offered another olive branch to struggling Provider Relief Fund (PRF) recipients — but has also added to their reporting burdens. Old way: Under the CARES Act, providers receiving PRF funds must submit reports that substantiate qualifying COVID-19 costs and losses to retain their payments. Previously, there were two reporting periods and reports for healthcare providers receiving PRF monies. The first period included April through December 2020, and the report for it was due Feb. 15, 2021. The second period ran...

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