CARES Act Provider Relief Fund Reporting Requirements and Government Scrutiny
This Featured Article is contributed by AHLA's Regulation, Accreditation, and Payment Practice Group.
- September 24, 2021
- Janus Pan , Bradley Arant Boult Cummings LLP
The federal government established many new funds in 2020 to assist health care providers with the financial burden of COVID-19. One such fund, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Provider Relief Fund (PRF), is a $178 billion federal appropriation to health care providers impacted by COVID-19. Since its inception, the CARES Provider Relief Fund has consistently changed and its guidance evolved. From shifting administrative guidance on required attestations and reporting, to approving new funding distributions every few weeks, the federal government continuously issued reporting guidance and then changed course in response to industry feedback—all while ramping up its PRF monitoring and penalties to combat potential misuse of PRF distributions.
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