Amanda Waesch, Esq., is a healthcare Attorney at Brennan, Manna & Diamond. Her practice focuses on healthcare, employment law and healthcare litigation across the country. She advises healthcare providers including practices and hospitals on reviewing and litigating employment agreements; non-compete agreements and severance agreements. Her work has benefited physicians and administrators in drafting and reviewing employer handbooks, as well as management and training issues.
Keep Your Provider Relief Funds, Master HHS Phase 3 Reporting
Failure to adhere to Provider Relief Fund reporting rules and to report your Phase 3 usage data correctly, or within the allocated timeframe, puts your practice a significant risk of having to pay this money back.
The Phase 3 reporting period opens July 1st and will only remain open for a short period of time. During this time, you must correctly provide HHS a detailed accounting of how you used the Phase 3 funds you received. The HHS online Provider Relief Fund Reporting portal has very specific usage calculations you must correctly tabulate in order to be allowed to keep the financial assistance you received.
The good news is you don’t have to figure it out on your own!
This is where healthcare attorney, Amanda L. Waesch, Esq. can help. During her online training session, Amanda will provide you with step-by-step guidance on how you can correctly report your Phase 3 Provider Relief Fund usage into HHS’ online portal correctly and more easily the first time.
Here are just a few of the Phase 3 HHS Provider Relief Fund reporting questions you’ll get answered by attending this 90-minute online training:
- What is the best way to track your PRF funds and what documentation do you need to retain?
- What dates can you use for your loss of revenue reporting?
- How do you find out if you received money from the general or targeted fund?
- Where can you access worksheets to assist with HHS PRF reporting?
- What is the most up-to-date definition of lost revenue and how do you calculate it?
- How do you register for the reporting portal and what is the deadline?
- Can you use HHS funds for payroll, rent, and utilities after exhausting PPP funds for qualified expenses?
- What specific expenses count as COVID-related expenses?
- Could you have to pay back money because of HHS requirement changes since the initial program rollout?
- And much more!
IMPORTANT: In addition to the core updates to HHS’ Provider Relief Fund reporting rules, you must ALSO comply with additional changes if your practice changed ownership (merged, consolidated or been acquired), closed, filed bankruptcy, or you spent more than $750,000 in one federal year.
Each change to HHS’ Provider Relief Fund reporting rules put your practice at a heightened risk of having to send your Phase 3 relief money back. Don’t take the chance of incorrectly reporting how you used your Provider Relief Funds. Sign up for this 90-minute online training to get practical advice based on actual portal access so you can be sure to report your data right the first time.
During this online training, Amanda will help you avoid reporting mistakes including what information you never want to leave out, and tactics to ensure the data you submit meets HHS requirements AND benefits your practice. Don’t wait another minute, sign up for this must-attend online training session today!