Healthcare

HHS Releases Guidance on Provider Relief Reporting

On September 18, the Department of Health and Human Services (HHS) released a six-page document detailing some of the reporting requirements for the Provider Relief Funding paid out over the last six months.  As we have previously communicated, all providers will be required to report 2020 COVID-19 related expenses and lost revenues by February 15, […]

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Nursing Home Infection Control Distribution – $2 Billion Incentive Payment Additional Details

The Department of Health and Human Services’ (HHS) Health Resources and Services Administration (HRSA) previously announced the distribution of $5 billion in Provider Relief Fund (PRF) payments to eligible skilled nursing facilities to protect residents from the impact of COVID-19. On August 27,2020, HHS distributed the initial $2.5 billion of this funding to support facilities’ […]

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Nursing Home Infection Control Distribution – $2 Billion Incentive Payment Plan Announced

The Department of Health and Human Services’ (HHS) Health Resources and Services Administration (HRSA) previously announced the distribution of $5 billion in PRF payments to eligible skilled nursing facilities to protect residents from the impact of COVID-19. On August 27,2020, HHS distributed the initial $2.5 billion of this funding to support facilities’ COVID-19 infection control […]

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Accounting for CARES Act Relief to Health Care Entities

The American Institute of CPAs (AICPA) has released a new set of Technical Questions and Answers (TQAs) which includes 10 pages of nonauthoritative health care accounting guidance. These TQAs were developed by the AICPA Health Care Expert Panel and address questions regarding CARES Act provisions and other COVID-related funding specific to nongovernmental health care entities, […]

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