Advertisement

HHS opens Provider Relief Fund reporting portal and issues lost revenue calculation guidance

| January 20, 2021

HHS opens Provider Relief Fund reporting portal and issues lost revenue calculation guidance

The Provider Relief Fund (PRF) reporting portal is now open for registration only.  Reporting deadlines have been delayed, and a new reporting timeline hasn’t been established. The U.S. Department of Health and Human Services (HHS) is encouraging PRF recipients of more than $10,000 total to register via the newly launched PRF Reporting Portal.

Additionally, HHS issued an updated version of its Post-Payment Notice of Reporting Guidance. The new guidance allows recipients to calculate lost revenues using the difference between actual and budgeted patient care revenue for 2020. Plus, recipients may use “any reasonable method” to estimate revenue, but HHS indicates using an alternate methodology may increase the chance of being audited.

Advertisement