Provider Relief Fund Phase 3 General Distribution
Additional Funding Released Starting Oct. 5, you can apply to receive funds based on assessed revenue losses and expenses due to COVID-19. The opportunity to receive up to 2% of annual revenue from patient care remains active. Dear Valued Provider: Healthcare providers, including your organization, may now apply for the recently announced Phase 3 General Distribution of the Provider Relief Fund (PRF). The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), will be distributing up to $20 billion in Phase 3, as part of ongoing efforts to offer financial support to healthcare providers for expenses and lost revenues attributable to the coronavirus disease 2019 (COVID-19). You may be eligible for additional funding from the Phase 3 General Distribution. Applications for Phase 3 opened on Oct. 5, 2020 and will close on Nov. 6, 2020 at 11:59 p.m. ET. Who is eligible? What’s new in Phase 3? HHS encourages providers to submit their applications as soon as possible to expedite the review process and payment calculations, and ultimately accelerate the distribution of all payments. Visit hhs.gov/providerrelief for updates about timing and deadlines. Action required The Portal will collect financial information including operating revenues and expenses from patient care. Please note that the Phase 3 application is slightly different from the Phase 2 form, requiring additional revenue and expense data entries in order to calculate payment based on assessed financial impact of COVID-19. Even if you previously submitted revenue information, you will need to submit a new application so HHS can collect all required fields. All payments will still be subject to the rules regarding permissible use of PRF payments. The application instructions and sample application form are available at hhs.gov/providerrelief. The website also includes a step-by-step application guide and FAQs. Download and review all of these documents to help you prepare for the process. HHS will host a webcast on Oct. 15, 2020 at 3 p.m. ET for potential applicants to review the application process and have their questions answered. Please register now and check the PRF website for updated information. Additional information Thank you for all you are doing to support and protect the American people during this difficult time. |
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Thomas J. Engels |
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CARES Act Provider Relief Fund: Phase 3 Portal Open
The Department of Health and Human Services opened a portal this morning to allow interested parties to apply for the Phase 3 General Distribution from the CARES Act Provider Relief Fund. The links below will direct you to application instructions and the portal. Please note, the Phase 3 distribution expands eligibility for funds and allows for those who missed a prior application deadline, were previously ineligible due to a tax id change, or initiated operations in 2020, to submit an application.
Providers may be eligible regardless of whether they were eligible for, applied for, received, accepted, or rejected payment from prior Provider Relief Fund distributions.
Please note, before you can start the application process, you will be required to apply for an Optum ID login and password. Instructions on how to apply for this ID are in the portal. We recommend that you consult your accountant to complete the Provider Relief Fund application (PRF), as it requires tax, revenue, and expense information. If you are an Anesthesia Resources client and need assistance, reach out to your account manager for assistance.
Instructions on how to apply:
https://www.hhs.gov/coronavirus/cares-act-provider-relief-fund/for-providers/index.html#how-to-apply
CARE Link: