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Important news on provider relief funds

| June 22, 2020

Important news on provider relief funds

The U.S. government has tried to implement legislation to help throughout the public health emergency (PHE). Provider relief grants were intended to help physicians when their cash flow was compromised because of COVID-19. Most allergists received money from either the “lost revenue” distribution or the Medicaid/CHIP distribution announced last week. Under the “terms and conditions” for receipt of these funds, providers receiving at least $150,000 attested that they would submit reports outlining how these monies were spent. The first report was technically due July 10.  

On June 18, the Department of Health and Human Services (HHS) declared that health care providers would NOT have to submit the July 10 report on how COVID-19 relief grant funds had been spent. However, future reports describing the use of the provider relief funds will be required. HHS will be sending notification of the requirements and due dates of these reports in the near future.

HHS also opened a new enhanced Provider Relief Fund Payment Portal specifically for providers who received Medicaid and Children’s Health Insurance Program (CHIP) payments between January 1, 2017 and May 31, 2020 – but have NOT received any payments from the previous Provider Relief General Distribution Fund.

Eligible Medicaid and CHIP providers need to apply and submit their annual patient revenue, which will be used as a factor in determining their Provider Relief Fund payment. The payment to each provider will be at least 2% of reported gross revenue from patient care. The final amount each provider receives will be determined after the data is submitted, including information about the number of Medicaid patients providers serve.

To apply, providers must submit their data by July 20, 2020. Before applying through the Enhanced Provider Relief Fund Payment Portal, applicants should:

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