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While the CARES Act provided much needed funding, it wasn’t a handout for healthcare providers. There are strings attached, explains Stephen Shaver, an attorney with Wachler & Associates and author of the Chapter “Revenue Cycle: CARES Act Relief Funds” in the new HCCA Complete Healthcare Compliance Manual.
There are key restrictions under the Provider Relief Fund (PRF) on how the dollars may be used: only to prevent, prepare for and respond to coronavirus. Healthcare providers also may not use any PRF See more +
While the CARES Act provided much needed funding, it wasn’t a handout for healthcare providers. There are strings attached, explains Stephen Shaver, an attorney with Wachler & Associates and author of the Chapter “Revenue Cycle: CARES Act Relief Funds” in the new HCCA Complete Healthcare Compliance Manual.