News Report | November 17, 2020
HHS No Longer Limiting Use Of Provider Relief Fund Payments For Covering Lost Revenue Due To COVID-19
On October 22, 2020, the U.S. Department of Health and Human Services (HHS) revised requirements for use of the Provider Relief Fund (PRF) payments allowing the provider organizations who received the funds to apply the payments against all lost revenue without limitations. After reimbursing health care related expenses attributable to coronavirus disease 2019 (COVID-19) that were unreimbursed by other sources, providers may use remaining PRF funds to cover any lost revenue, measured as a negative change in year-over-year actual revenue from consumer care related sources. This policy replaces reporting instructions issued on September 19, 2020, that . . .