Dentals and other healthcare providers who have been paid by the Federal Health Provider Relief Fund during period 3 (January 1, 2021 to June 30, 2021) will be eligible for a pandemic by June 30, 2022. You need to use these funds for related expenses.
If payments exceed $ 10,000, the provider must report the use of these funds between July 1st and September 30th, 2022. Providers report the use of period 3 funds through the PRF Reporting Portal of the US Department of Health and Resources. Most dentists who applied for and received PRF payments received payments between periods 3 and 4. The portal will not open in period 3 reports until July 1st. The period 4 report will open in January 2023.
Allowable expenses
Under the Healthcare Provider Relief Fund, permissible costs are those used to prevent, prepare, and respond to the coronavirus and may include health-related or general management-related costs. All recipients of PRF payments are subject to audit.
Here are some examples of eligible costs that are common in dentistry:
- N95, surgical masks, temperature monitoring devices and other infection control supplies
- Ventilator, improved filtration system and other infection control devices
- Mortgage or rent at the dental office
- Recruitment and retention payments to expand or maintain employee health insurance, employment bonuses, patient care capabilities and other benefits
While dentists need to read the HRSA Allowable Cost Description to get additional guidance, Haden Werhan, an advisor to Thomas Doll, a financial services provider for dentists and doctors, said that dentists are relieving their former providers. We will provide immediate advice based on the experience that helped you navigate. Payment of funds.
“HHS investigates how the money is being used very closely, so it’s important to report accurately. The money goes to medical costs before it’s applied to lost income. Must have been used, “says Werhan.
Werhan also emphasizes that dentists need to keep reporting-related records for at least three years.
Reporting requirements
HRSA has a Reporting Methods web page with steps that are divided into three main steps: registering to use the portal, reading notifications for reporting requirements, and completing and submitting reports.
Providers need to have certain information, such as taxpayer number, employer identification number, and PRF payment information, handy when registering to use the portal. Providers who submitted PRF reports during the previous reporting period do not need to re-register.
The reporting requirements notification details how to report the use of funds and lists 11 required reporting data categories.
Werhan also pays attention to what is called double dipping.
“Most COVID-19 relief programs have a strict requirement not to use funds from multiple sources to cover the same costs. The best way to prevent costs from being allowed in follow-up audits is EIDL. It is to properly record which expenses are covered by a particular program, such as a salary protection program or the HHS Provider Relief Fund. “
Report for PRF Period 4 begins on January 1, 2023
Period 4 Report-For PRF payments in excess of $ 10,000 received between July 1st and December. January 31, 2021 – Opened January 1, 2023. Recipients of Phase 4 payments must use their funds for eligible pandemic-related costs by December 31, 2022. The CDA will notify members when these deadlines are approaching. Stay tuned for updates in the newsroom, weekly member newsletter, and CDA social media.