Update on PRF Campaign and Resources for Upcoming Reporting Requirements

Industry ,

This innformation is provided by national senior living partner, Argentum.

As a reminder, the first reporting period for the provider relief fund (PRF) closes on September 30 for providers who received one or more payments exceeding, in the aggregate, $10,000 between April 10, 2020 and June 30, 2020. Providers who accepted PRF dollars are required to provide an accounting of eligible expenses, including services rendered and COVID-19 related lost revenues, by submitting a report to the PRF reporting portal, which opened on July 1 for providers receiving funds during the first period. Providers that do not comply with the reporting requirements may have their funds recouped by HRSA.

The reporting requirements were revised in June to extend the 30-day reporting period to 90-days, to extend the period to use funds and setting this period to the date of payment, and to reduce burdens for smaller providers, among other changes. Additional information on these updates is available on the PRF Reporting Webpage, PRF Reporting Portal User Guide, and Frequently Asked Questions. HRSA has also released new resources, available at hrsa.gov/provider-relief; these include: Lost Revenues Guide; Allowable Personnel Expenses; and Reporting Resource Guide.

 

Payment Received Period (Payments Exceeding $10,000 in Aggregate Received)

Deadline to Use Funds 

Reporting

Time Period

Period 1

From April 10, 2020 to June 30, 2020

June 30, 2021

July 1 to September 30, 2021

Period 2

From July 1, 2020 to December 31, 2020

December 31, 2021

January 1 to March 31, 2022

Period 3

From January 1, 2021 to June 30, 2021

June 30, 2022

July 1 to September 30, 2022

Period 4

From July 1, 2021 to December 31, 2021

December 31, 2022

January 1 to March 31, 2023

Argentum will continue to keep you informed of any additional resources and considerations related to the PRF reporting requirements, including for those required to submit for the next reporting period, relating to funds received between July 1, 2020 and December 31, 2020. Please don’t hesitate to reach out with any questions.