HHS Provider Relief Funds: Latest Updates and Information Regarding the Reporting Requirements

About Course

The U.S. Department of Health and Human Services (HHS) portal has officially opened and new guidance has been issued. HHS has changed the reporting requirement many times.

Providers that received general distributions of the HHS Provider Relief Funds during Phases 1, 2, and/or 3 are subject to certain reporting requirements. These reporting requirements will require providers to evidence that they complied with the intended uses of the Provider Relief Funds. These funds cannot be used to reimburse expenses or losses that have been or should be reimbursed by another source.

Provider must maintain appropriate records and cost documentation required by 45 CFR 75.302 (financial management) and 45 CFR 75.361-75.365 (record retention and access). Join the live session to know general reporting guidelines, healthcare related expenses, general and administrative Expenses and lost revenue calculation.

Areas Covered in the Session

Overview of Provider Relief Funds
Terms and Conditions
Recommendation
Provider Relief Funds (PRF) and It’s phases and Documentation Required
HHS Relief Fund Reporting Requirements
Guidance on how to you can accurately report the use of your funds
Calculation of lost revenue
Reporting portal and it’s deadline
Patient care operating expenses
Balance Billing Prohibition
Common Questions
Distributions Only
Timeline for Reporting
Tiers of Reporting
Newly Added FAQ
Single Audit Requirement
Use of HHS Funds
COVID-Related Expenses
Healthcare-Related Expenses
General and Administrative Expenses
Lost Revenue Calculation
Federal Appropriations Act
Lost Revenue Calculation
Income From Patient Revenues
Other Assistance
Non-Financial Data

About the Presenter

Amanda Waesch has experience of 18 years and operates a national healthcare practice and is licensed in both Ohio and Florida. She primarily focuses her practice on healthcare, employment law, corporate law, and healthcare litigation and advises all types of employers, in particular healthcare providers, including, hospitals and physicians, on various matters.

She also chairs the firm’s litigation team that is primarily responsible for handling all reimbursement audits and appeals for her firm’s healthcare clients and heads up BMD’s Provider Relations, Audit, Appeals, and Negotiations Unit (PRAAN) which handles all-payer audits, appeals, overpayments and payment extrapolations.

Can I keep the money even if I do not see COVID patients (actual or possible cases COVID patients?
Does it matter when expenses are incurred as compared to when I received the monies?
What if I did not attest?
Do I need to prove that I have COVID-related expenses or lost revenue (or will have lost revenue) in order to receive the funds?
Are the HHS provider relief funds taxable?
Should I apply for more funds?
What if I do not expend all of the funds?
Can I return them if I do not want to use?
What are the tiers of Reporting and Deadline for use of funds?
What all are Healthcare related expenses?

Course Content

You can access all the webinar materials after successful payment

Webinar Link + Transcript