On July 20, the U.S. Department of Health and Human Services (HHS) issued an update regarding the required future reporting for the Provider Relief Fund. As part of the update, HHS clarified that all providers that have received one or more payments from the Provider Relief Fund, exceeding $10,000 in aggregate, will be subject to such future reporting requirements. HHS noted that detailed instructions would be issued for the reporting requirements by August 17, 2020.
In addition, HHS provided some additional clarification on the timing of reporting:
Importantly, based on these notices, it appears that providers must expend Provider Relief funds, in full, prior to submitting a final report by July 31, 2021.
For more information, please contact your Citrin Cooperman professional or a member of our healthcare practice listed below.
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Aaron Cohen, JD, MPhil Principal, Healthcare Co-Practice Leader acohen@citrincooperman.com |
Kate Broderick, MBA/MSIS Manager kbroderick@citrincooperman.com |