HHS’ drop-dead deadline for Phase 2 Provider Relief Fund reporting is March 31st. Failure to meet this deadline means you’ll have to return every penny. Note: You are only required to report usage of these relief funds if you received more than $10,000. If you receive less than this amount, you don’t have to take […]
You received your HHS Provider Relief Fund (PRF) money, now what? PRF Allowable Expenses. Well, depending on your reporting Period deadline, you must submit detailed data on how you used your PRF money. There are numerous calculations you must correctly tabulate before submitting your data to HHS. One of these is figuring out which payroll/employee […]
Update 12/16/21: HHS announced on Dec. 13 that the reporting portal would re-open for completion or submission of reporting for Reporting Period 1 from Dec. 13, 2021 at 9am ET through Dec. 20, 2021 at 11:29pm ET. On September 10th, 2021, HHS announced the availability of $25.5 Billion still available in COVID assistance within Phase 4 of […]
Update Notice: This blog post was reviewed for accuracy by a Healthcare Training Leader expert and was updated on June 4, 2021. This includes a revision to HHS’ FAQ page on 3/31/21 regarding eligibility for phase 3 General Distribution. Reporting HHS Funds. Correctly reporting how you used the CARES Act Provider Relief funds you received […]
Update 12/16/21: HHS announced on Dec. 13 that the reporting portal would re-open for completion or submission of reporting for Reporting Period 1 from Dec. 13, 2021 at 9am ET through Dec. 20, 2021 at 11:29pm ET. The new HHS reporting portal is now open for you to register your practice. If your practice accepted provider relief […]
Your new year’s gift is here; the government is offering you additional relief money to cover your coronavirus prevention, preparation and response costs. The Consolidated Appropriations Act, 2021 includes a second round of the Paycheck Protection Program (PPP) funding with another $284 billion up for grabs. But with a short deadline, your chance for securing […]
You MUST file your HHS Provider Relief Funds report by the February 15 deadline or you’ll have to pay back your much-needed money. Report an unallowed expense or the wrong amount and you won’t be able to keep your funds. HHS keeps issuing updated guidance on the CARES Act Provider Relief Funding including reporting requirements, […]
Six months of working capital – up to $2 million dollars − is available to help your practice recover from COVID-19 and other disaster-related economic losses; it’s just waiting for you to claim it. Whether your practice is suffering due to COVID-19, civil unrest, or natural disasters, an Economic Injury Disaster Loan (EIDL) will speed […]
QUESTION: I’m really confused on the Payroll Protection Program (PPP) loan forgiveness application deadline. I’ve read some advice on waiting to apply to better justify our expenses and keep more of our payments. However, the form indicates that it expires 10/31/2020. Can you explain this difference? Question from San Diego, California subscriber ANSWER: The Small […]
The government is throwing you another bone to dig out from all of your pandemic losses and operating expenses. The Department of Health and Human Services (HHS) announced an additional $20 billion for provider relief phase 3 funding. But with a short deadline, your chance for securing additional or first-time money is running out! HHS […]
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