Phase 3 General Distribution PRF Update; Reporting, Auditing Requirements Webinar | News | APMA
Phase 3 General Distribution PRF Update; Reporting, Auditing Requirements Webinar

November 23, 2020

Applications for practices with a validated TIN were due November 6. However, in an FAQ, HHS extended the deadline to apply for the Provider Relief Fund (PRF) Phase 3 General Distribution through November 27, for all entities lacking a validated TIN, provided the TIN validation process was initialized by November 13.

Originally, HHS indicated it would process applications on a rolling basis for the PRF Phase 3 General Distribution. It has since indicated that no distributions will be made until after the application period has closed for all possible applicants. Members should expect to see distributions from this fund by mid-December at the earliest, based on timing of previous distributions, and precluding further processing delays.

To assist our members with reporting and auditing requirements under this fund, APMA partnered with its Health Policy consultant Hart Health Strategies to produce a webinar, “Provider Relief Fund Reporting & Auditing—What You Need to Know.” Watch this webinar recording to make sure you’re ready.

APMA strongly recommends working with a financial advisor or accountant if you are subject to reporting requirements (i.e., your practice entity received $10,000 or more of PRF funds in the aggregate, not counting the uninsured funding) and/or the auditing requirements (i.e., your practice entity expended $750,000 or more in aggregate federal assistance, which could include funds from the Paycheck Protection Program, the PRF, and/or the uninsured funding).

Find all information related to the HHS Provider Relief Fund at www.apma.org/ProviderRelief, and all information related to COVID-19 at www.apma.org/COVID19.


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