Provider Relief Fund Update: Portal Now Open for Second Reporting Period
Happy 2022! A new year means a new reporting period for the Health Resources & Services Administration’s Provider Relief Fund (PRF) Portal. The second reporting period opened on January 1, 2022 and will be available through March 31, 2022.
Provider Relief Fund Guidelines
This second reporting period applies to any organization that received total PRF greater than $10,000 between July 1, 2020 and December 31, 2020; organizations have until the portal closes on March 31, 2022, to report the use of those funds. Importantly, organizations that do not accurately report the funds within the correct Reporting Period will be out of compliance with the Terms and Conditions of the PRF, which could exclude them from receiving future payments. Furthermore, the funds may also be subject to recoupment. Below is a breakout of the reporting periods.
Provider Relief Fund Reporting Periods
Reporting Period | Payment Received Period | Deadline to use funds | Reporting Time Period |
1 | April 10, 2020, to June 30, 2020 | June 30, 2021 | July 1, 2021, to September 30, 2021 |
2 | July 1, 2020, to December 31, 2020 | December 31, 2021 | January 1, 2022, to March 31, 2022 |
3 | January 1, 2021, to June 30, 2021 | June 30, 2022 | July 1, 2022, to September 30, 2022 |
4 | July 1, 2021, to December 31, 2021 | December 31, 2022 | January 1, 2023, to March 31, 2023 |
As noted in the table above, organizations who received funding above the threshold have a deadline of 1 year to use these funds. Furthermore, the organizations have 90 days after this deadline to report the use of these funds by way of the PRF portal.
For additional information regarding PRF and the reporting of funds received, see McKonly & Asbury’s previous article.
If you have questions about the information outlined above, McKonly & Asbury’s experienced professionals are here to help. Learn more about McKonly & Asbury’s Healthcare Practice by visiting our website or by contacting the Healthcare Practice Director, Janice Snyder, Partner.
About the Author
Erin joined McKonly & Asbury in 2017 and is currently a Manager with the firm. She is a member of the firm’s Audit & Assurance Segment, primarily working with clients in the healthcare, nonprofit, and affordable housing industrie… Read more