HHS has released updated guidance on reporting requirements for recipients of Provider Relief Funds. According to the notice, healthcare organizations that received one or more payments from the Provider Relief Fund exceeding $10,000 will have to submit reports to HHS detailing the use of the funds and compliance with payment terms and conditions.
Per the terms and conditions signed upon receipt and acceptance of the payments, providers who received any of the Provider Relief Fund payments in excess of the specified amount will be required to report on their expenditures through December 31, 2020, within 45 days of the end of the 2020 calendar year.
HHS will open the reporting system for the required reporting on October 1, 2020, and provide more detailed information on Provider Relief Fund reporting requirements by August 17, 2020.
Last month, HHS clarified in an official FAQ that recipients of Provider Relief Fund payments would not need to submit quarterly reports to HHS or the Pandemic Response Accountability Committee.
Read the full notice here:
You may also visit the HHS website for Provider Relief Fund resources:
https://www.hhs.gov/coronavirus/cares-act-provider-relief-fund/index.html
This post was published July 29, 2020.
