Provider Relief Fund Reporting Reminder
Period 2 - Due on March 31, 2022
By Keith Solomon, CPA, Partner & Healthcare Co-Leader, and Parvesh Lal, Senior Associate
The Provider Relief Fund (PRF) portal is open for reporting PRF payments received by entities from July 1, 2020 to December 31, 2020 (Period 2). Recipients who received one or more payments exceeding $10,000 in the aggregate during Period 2 are required to complete their reporting on the PRF reporting portal by March 31, 2022.
Recipients should keep in mind certain unique items when completing their Period 2 reporting which are different than the Period 1 reporting previously submitted in 2021.
Key items recipients of PRF should note for their Period 2 reporting are as follows:
- The period of availability for reporting expenses to prevent, prepare for, and/or respond to coronavirus during the reporting period
- that are unreimbursed by other sources and for which other sources are not obligated to reimburse, and
- the lost revenue calculation
continues to begin on January 1, 2020 (consistent with the Period 1 reporting)
For Period 2, the end of the period of availability is extended from June 30, 2021 to December 31, 2021.
- Nursing Home providers who received Provider Relief Fund Targeted Distributions for Nursing Home Infection Control and Quality Incentives may only report qualifying expenses for the use of these funds. Nursing Home Infection Control and Quality Incentives cannot be applied to lost revenue.
- Qualifying expenses for Nursing Home Infection Control and Quality Incentives include, but are not limited to, COVID-19 testing, hiring staff related to infection control, and other expenses incurred to improve infection control.
- Expenses reported must be those that another source has not reimbursed and is not obligated to reimburse.
Accordingly, recipients need to verify that any expenses reported on the Provider Relief Fund reporting portal for Period 2 have not been reimbursed and are not obligated to be reimbursed by other sources (for example, FEMA).
- If you are unsure what type of Provider Relief Funds you received, you can check the Provider Relief Fund reporting portal, which describes the date, amount and type of PRF payments received.
Provider Relief Fund reporting is new and unique for every entity receiving funds. Please feel free to contact:
Keith Solomon, CPA
Partner and Healthcare Co-Leader