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UPDATES from HHS on the Provider Relief Funds – Application Deadline Extended to 8/28

Dear Client, 

HHS announced some major updates on the Provider Relief Fund (PRF) including extending the application deadline to August 28.

Starting the week of Aug. 10, and through Aug. 28:

On July 22nd we sent an update listing some concerns related to the HHS Provider Relief Funds and also included a copy of the terms and conditions.  Some of those concerns were related to the balance billing language as well as the reporting requirements.  There have been recent updates as follows:

Term on Balance Billing (as clarified in the ADA hosted webinar on Tuesday 8/28)

Reporting Requirements (as clarified in the ADA hosted webinar on Tuesday 8/28)

For more information, you are encouraged to watch the ADA recorded webinar from 8/28.  Use the link below to get to the ADA website page that has the link to the recorded video – it’s about an hour long.  You need to scroll down the page to the section titled “The Latest” and look for Webinar: Updates on the SBA Loans, Provider Relief Fund, Labor Issues and Congressional Action.

https://success.ada.org/en/practice-management/patients/infectious-diseases-2019-novel-coronavirus?utm_source=adaorg&utm_medium=globalheader&utm_content=coronavirus&utm_campaign=covid-19

Note: If you received an EIDL loan, per the EIDL loan agreement,  you need to report to the SBA any proceeds received from other government sources and they will determine if the funds are a duplication of benefits.  You will need to notify them via email at disastercustomerservice@sba.gov.  Be sure to include your loan and application numbers found at the top of your loan paperwork (SBA Form 1391)

Please feel free to contact our office if you have any questions about this program.