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Friday, July 9, 2021
On 1 July 2021, the Department of Health and Human Services (HHS) opened the Provider Relief Fund Reporting Portal for funding recipients to start submitting information in accordance with the Post-Payment Notice of Reporting Requirements released on 11 June 2021.
1 HHS also released a Reporting Portal User Guide,
2 which provides additional information regarding the steps for reporting and the required data elements, as well as new Frequently Asked Questions.
3 While the new guidance is largely in line with Provider Relief Fund guidance issued to date, key items of note include the following:
Lost Revenue Calculations. HHS clarified that for entities calculating lost revenues using 2019 Actual Revenue (i.e., the difference between actual patient care revenues) and 2020 Budgeted Revenue (i.e., the difference between budgeted and actual patient care revenues), Reporting Entities will calculate losses by quarter, reporting US$0 for quarters in wh