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HHS Updates Provider Relief Fund FAQs on Reporting and Recoupment

The Department of Health and Human Services (HHS) has again issued numerous new and modified FAQs on auditing and reporting requirements for the CARES Act Provider Relief Funds (PRF), providing more detail and examples on documenting and calculating expenses, lost revenue, proper use of funds, return of unused funds, supporting data, change of ownership, non-financial data and other issues.

HHS clarified that no external documentation is required at the time reports are submitted via the reporting portal in January 2021, but providers will need to retain original documentation for three years after the date of submission of the final report. Supporting worksheets will be included within the reporting tool for providers who received $500,000 or more. HHS expects that providers with leftover funds that cannot be expended on permissible expenses or losses by June 30, 2021, will return such funds to HHS. HHS will provide directions in the future about how to submit reports and return unused funds.

ASRS will keep members posted. You can find the FAQs here.

(11.4.20)

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