The U.S. Department of Health and Human Services (HHS) has revised requirements for physicians and other health professionals who received Provider Relief Funds (PRF) through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The June 11 revisions expand the amount of time physicians and other recipients will have to report information, and allow those who received payments after June 30, 2020, more time to spend their PRF money.
The new deadlines are as follows:
Payment period (>$10,000 total) | Spending deadline | Reporting period |
April 10 to June 30, 2020 (Period 1) | June 30, 2021 | July 1 to Sept. 30, 2021 |
July 1 to Dec. 31, 2020 (Period 2) | Dec. 31, 2021 | Jan. 1 to March 31, 2022 |
Jan. 1 to June 30, 2021 (Period 3) | June 30, 2022 | July 1 to Sept. 30, 2022 |
July 1 to Dec. 31, 2021 (Period 4) | Dec. 31, 2022 | Jan. 1 to March 31, 2023 |
More details about the revisions can be found on the HHS Cares Act Provider Relief Fund Reporting and Auditing webpage and the updated Post-Payment Notice of Reporting Requirements.
Key changes include:
These reporting requirements do not apply to other pandemic-related financial assistance programs, such as the Rural Health Clinic COVID-19 Testing Program; the COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing, Treatment, and Vaccine Administration for the Uninsured Program; or the COVID-19 Coverage Assistance Fund.
HHS has posted the names of PRF payment recipients and their amounts received on a public website. Work with your financial and tax advisers to complete the reporting process, if applicable to you. Additional information on the PRF can also be found on the American Academy of Family Physicians’ website.
— Sandy Pogones, Senior Strategist for Healthcare Quality, and Kent Moore, Senior Strategist for Physician Payment
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