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...
Check Your Numbers as Provider Relief Funds Spigot Keeps Running
BDO Alliance USA, LLCThe fourth phase of the Provider Relief Fund (PRF), originally planned to end in December, is still delivering payments to health care providers. The ongoing disbursement...
Mar 8, 2022
14 Min Read
Dept of Treasury Releases the Final Rule for Coronavirus State & Local Fiscal Recovery Funds
BDO Alliance USA, LLCOn January 6, 2022, the U.S. Department of the Treasury released the Final Rule for the Coronavirus State and Local Fiscal Recovery Fund (SLFRF), providing...
Jan 18, 2022
11 Min Read
CARES Act Updates for Tribal & Local Government CRF Recipients
Wesley R. Benally, CPALocal, state, and tribal governments will be relieved to learn the Office of Management and Budget (OMB) has provided guidance changes to indirect cost requirements...
Dec 22, 2021
6 Min Read
Treasury Revises Guidance for Coronavirus Relief Fund (CRF) Usage
Wesley R. Benally, CPAThe $150 billion Coronavirus Relief Fund (CRF) was designed to help state, local, and tribal governments meet short-term needs as they coped with the ramifications...
Dec 20, 2021
5 Min Read
Your Guide to the Provider Relief Fund Single Audit Requirement
REDWAs a provider of healthcare services and support operating during COVID-19, you may have received funding from the U.S. Department of Health and Human Services...
Nov 9, 2021
11 Min Read
Has Your Healthcare Organization Applied for Additional COVID-19 Funding?
chillearyOn 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...
Sep 22, 2021
7 Min Read
Provider Relief Fund – Time Is Running Out
chillearyTime 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...
Sep 7, 2021
7 Min Read
Updated Provider Relief Fund Reporting Guidance Now Available from HHS
chillearyNew reporting information is now available for healthcare providers who received funding from the Provider Relief Fund (PRF). The Department of Health and Human Services...
Jul 19, 2021
6 Min Read
CARES Act Loans – Correcting Potential Errors
Jessica BundyDuring the first year of the COVID-19 pandemic, Congress provided plan sponsors with a broad toolkit to help employees access retirement assets and manage loan...
Apr 28, 2021
8 Min Read
HHS Provider Relief Fund Reporting Updates: Impact of New Requirements
ewilsonHealthcare providers have a sense of relief following the announcement from the U.S. Department of Health and Human Services (HHS) that reporting requirements for Provider...
Jan 21, 2021
4 Min Read
HHS Amends Provider Relief Fund Reporting Requirements
Chris TyhurstOn October 22, 2020, the U.S. Department of Health and Human Services (HHS) updated its Provider Relief Fund (PRF) “Post-Payment Notice of Reporting Requirements.†The...
Oct 28, 2020
5 Min Read
Single Audit Compliance: New OMB Guidance Rescinds Some Due Date Extensions
REDWNew guidance (M-20-26) issued by the federal Office of Management and Budget (OMB) rescinds the blanket six-month single audit deadline extension for fiscal year-ends (FYEs)...
Jun 26, 2020
5 Min Read
New Relief and Grant Flexibility Under the Uniform Guidance
REDWGood news for grants management in the age of coronavirus: The Office of Management and Budget (OMB) has issued M-20-11, a new memo intended to...
Mar 23, 2020
5 Min Read
Financial Reporting in the Age of Coronavirus
REDWCFOs should be prepared for… an unpredictable year. Disruptions in the supply chain and stock market turmoil will affect the way audit preparation, writing of...
Mar 23, 2020
4 Min Read