The Department of Health and Human Services (HHS) released guidance Monday stipulating that providers who received more than $10,000 in Provider Relief Fund (PRF) payments will need to complete financial reporting to indicate how the money was spent.
However, outside of indicating that reports will need to be filed, very little additional guidance was offered at this time. Instead, HHS indicated that detailed reporting instructions will be made available by Aug. 17, while the reporting system will be accessible on Oct. 1. These reports will be used to ensure recipients of general fund or targeted distribution payments were in compliance to the terms and conditions of acceptance that had to be attested to.
Below is the current timeline offered by HHS:
- All recipients must report within 45 days of the end of calendar year 2020 on their expenditures through the period ending December 31, 2020.
- Recipients who have expended funds in full prior to December 31, 2020 may submit a single final report at any time during the window that begins October 1, 2020, but no later than February 15, 2021.
- Recipients with funds unexpended after December 31, 2020, must submit a second and final report no later than July 31, 2021.
- Detailed PRF reporting instructions and a data collection template with the necessary data elements will be available through the HRSA website by August 17, 2020.
The current guidance does not specify whether providers who received payments of less than $10,000 will be required to submit a report. If you have questions about how to prepare for this report, or want to review the specifics of the terms and conditions, don’t hesitate to reach out to us at 517-486-4262.