Provider Relief Fund (PRF) Reporting – Lessons Learned

Claire Hilleary, CPA, MBA | April 21, 2022

With the closing of Period 1 and Period 2 reporting for the Provider Relief Fund (PRF), and Period 3 reporting on the horizon, there are many lessons learned that can be useful for those with future reporting responsibilities. Learn more»

Check Your Numbers as Provider Relief Funds Spigot Keeps Running

BDO Alliance USA, LLC | March 8, 2022

The fourth phase of the Provider Relief Fund (PRF), originally planned to end in December, is still delivering payments to health care providers. Read more»

Dept of Treasury Releases the Final Rule for Coronavirus State & Local Fiscal Recovery Funds

BDO Alliance USA, LLC | January 18, 2022

The U.S. Department of the Treasury has released the Final Rule for the Coronavirus State and Local Fiscal Recovery Fund (SLFRF), providing increased guidance to state, local, and Tribal governments across the country to support their response to and recovery from the COVID-19 public health emergency. Read more»

CARES Act Updates for Tribal & Local Government CRF Recipients

Wesley R. Benally, CPA | December 22, 2021

State, local, & tribal governments will be relieved to learn the Office of Management and Budget (OMB) has provided guidance changes to indirect cost requirements that better align with use of CARES Act funding. Read more»

Treasury Revises Guidance for Coronavirus Relief Fund (CRF) Usage

Wesley R. Benally, CPA | December 20, 2021

In the face of labor scarcities, supply chain disruption, and other impacts of the continuing health crisis, the U.S. Department of the Treasury has revised its guidance for when governments can spend their share of the CRF. Read more»

Your Guide to the Provider Relief Fund Single Audit Requirement

Steven Shill | November 9, 2021

Provider Relief Funds (PRF) come with unique compliance, reporting and audit requirements that recipients must adhere to. And in the case of meeting Single Audit filing requirements, you’ll only have one chance to get it right. Read more»

Has Your Healthcare Organization Applied for Additional COVID-19 Funding?

Claire Hilleary, CPA, MBA | September 22, 2021

On September 10, 2021 the Department of Health and Human Services (HHS) announced that it will distribute an additional $25.5 billion in COVID-19 relief funds to healthcare providers. Read more.

Provider Relief Fund – Time Is Running Out

Claire Hilleary, CPA, MBA | September 7, 2021

Time is running out for healthcare providers who received Provider Relief Funds (PRF) to submit use of funding reports in the first reporting deadline, which looms heavy on the horizon as September 30, 2021 quickly approaches. Read more.

Updated Provider Relief Fund Reporting Guidance Now Available from HHS

Claire Hilleary, CPA, MBA | July 19, 2021

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New reporting information is now available for healthcare providers who received funding from the Provider Relief Fund (PRF). The Department of Health and Human Services (HHS) has released revised reporting requirements that include updated information about expanding the amount of time that providers can report on the use of funds, as well as an extension of some key deadlines on when the funds can be spent. Read more.

CARES Act Loans – Correcting Potential Errors

Jessica Bundy | April 28, 2021

The CARES Act included many moving parts and different deadlines related to loans. As a result, many plan sponsors—or their third-party service providers—may have made errors related to participant loans, including missing important cutoff or restart dates. Plan sponsors should work with their service providers to ensure that loans are being administered accordingly—or take advantage of federal self-correcting programs to get retirement plan loans back on track. Read more.