New Provider Relief Funding Required for HHS Reporting

Providers who received HHS Provider Relief Funds from either the general allocation or a targeted allocation were required to attest to the Terms and Conditions. The Terms and Conditions state that providers receiving more than $150,000 of total funds from all funding will be required to submit a report, no later than 10 days after the end of each calendar quarter, to HHS and the Pandemic Response Accountability Committee. The reporting is to include the amount of funds received and the amount of funds expended or obligated for projects or activities. The first round of reporting is set to be due no later than July 10, 2020.

On June 13, 2020, clarification was provided to this quarterly reporting in the Frequently Asked Questions found on the HHS website. The HHS response indicates that providers do not need to submit a quarterly report, but instead HHS will develop a report containing the necessary information for the recipients of Provider Relief Fund payments. HHS has been and will continue to post on their website the names of the payment recipients and their total payment amounts of those providers who have completed their attestation to the Terms and Conditions. The posting of this data meets the reporting requirements of the CARES Act.

The Terms and Conditions for all Provider Relief Funds does require however, recipients to submit reports to ensure compliance with the payment Terms and Conditions. HHS will be notifying recipients of the due date(s) and required contents of such reporting in the weeks to come. Therefore, all providers should continue to track their use of their funding received.

Marcum will continue to monitor all aspects of the Provider Relief Funding and will pass along future communication that is made available regarding future reporting requirements.