Providers receiving relief payments from the CARES Act funding are required to confirm receipt and agree to the terms and conditions within 30 days of payment. Providers are to submit their attestation using the CARES Act Provider Relief Fund Payment Attestation Portal, available here.
Providers have 30 days to attest after receipt of CARES Act funding and will need to provide the following information:
- Billing Tax ID Number(s).
- Last six digits of deposit bank account number.
- Amount of relief payment..
Per HHS’s terms and conditions, these are the significant items:
- Submit a report within 10 days after each calendar quarter regarding the use of the funds (details of the report have not been released).
- Agree to not balance bill any patient for out-of-network services (i.e., the amount above if in-network) during the public health emergency period.
The third and fourth terms of HHS’s terms and conditions state:
“The Recipient certifies that the Payment will only be used to prevent, prepare for, and respond to coronavirus, and shall reimburse the Recipient only for health care related expenses or lost revenues that are attributable to coronavirus. The Recipient certifies that it will not use the Payment to reimburse expenses or losses that have been reimbursed from other sources or that other sources are obligated to reimburse.”
While relief funding will not likely make healthcare providers whole for the losses attributed to the impact of COVID-19, it is recommended providers identify and delineate items reimbursed in current and future legislation during the emergency period. Some examples include:
- Payroll Protection Program
- FEMA assistance
- Any additional funds for unreimbursed COVID-19 expenses
- Reimbursement for the uninsured (i.e., Medicare DSH Uncompensated Care)
Please contact Robert Howey at email@example.com or 888.514.9312 with any questions.
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