Your TIN may also be part of state-provided third party lists. It was commensurate with about 6.25% of the practice’s 2019 Medicare revenue. You add your organization’s Taxpayer Identification Number (TIN). You do not have to follow up with Optum Bank to confirm receipt of funds by them. To sign up for updates or to access your subscriber preferences, please enter your contact information below. 200 Independence Avenue, S.W. Provider Relief Fund Phase 3: 43 New FAQs & Instructions Posted. Phase 3 is scheduled to distribute up to $20 billion. However, this distribution requires cooperation on the part of all applicants. Phase 3 General Distribution HHS has made $24.5 billion in new funding available for Phase 3 General Distribution allocation. If you reject the funds, you may safely shred the check. A recent Centers for Disease Control and Prevention (CDC) report found the prevalence of symptoms of anxiety disorder in the second quarter of 2020 was approximately three times those that reported in the second quarter of 2019 (25.5% versus 8.1%); and the prevalence of depressive disorder was approximately four times that reported in the second quarter of 2019 (24.3% versus 6.5%). Copyright ©-2019 Physician Finance Basics- All Rights Reserved, Provider Relief Fund Application and Attestation Portal, HHS.Gov Learn about the Provider Relief Fund, CARES Act Provider Relief Fund Payment Portal User Guide, Practices that have previously received Phases 1 and 2 of Provider Relief Funds, Previously ineligible newly formed practices, that have gone into business from January 1- March 31, 2020. Providers can now apply for a new round of General Distribution funds totaling another $20 billion. The federal Human Resource & Services Administration (HRSA) has announced a new program to provide emergency financial relief … Published by: Hall Render. Are you going to apply for this Phase 3 Distribution? Fluent in Practice Management HHS Grant Relief Fund – Phase 3 By fluence on October 23rd, 2020 Yesterday, (October 22, 2020) the Department of Health and Human Services (HHS) changed the rules to now include the loss of g ross revenue during the pandemic. Save my name, email, and website in this browser for the next time I comment. On Oct. 1, 2020, the U.S. Department of Health and Human Services (HHS) announced the next tranche of CARES Act provider relief fund payments. CARES Provider Relief Fund Phase 3 Application With the remaining balance of the $20 billion budget, HRSA will calculate an equitable add-on payment that considers the following: A providers’ change in operating revenues from patient care Anybody have a similar situation.? Provider Relief Fund Phase 3 Distribution. If you received an ACH transfer, you enter your Optum ID and the amount of funds received. You are allowed to decline the funds. This is being referred to as Provider Relief Fund Phase 3. The amounts that have been awarded to assisted living providers are dwarfed by the amounts … We note that this blog updates our blog posted earlier this week on these topics. Your Organization TIN Dashboard will show the status of your attestation. Recently, HHS announced a NEW distribution of the Provider Relief Fund – Phase 3. If for some reason, you’ve already deposited the check and then change your mind, you can call the Provider Support Line at (866) 569-3522 to arrange a refund. When traditional face-to-face counseling was restricted and new telehealth flexibilities were put in place in response to the pandemic, many behavioral health providers invested in and adopted telehealth technologies to continue providing patient care. So this, in a nutshell, is an overview of Phase 3 General Distribution of the Provider Relief Fund from the Department of Health and Human Services. In late April, HHS announced another tranche of $20 Billion to healthcare providers. Billed Medicaid/Medicaid Managed Plans/CHIP programs between January 1, 2018- March 31, 2020 (This is great- since physicians who bill Medicaid were left out of the previous phases of the General Distribution, such a sour pediatrician colleagues). Since that initial announcement, HHS has released a few additional details, but there are still some questions that remain unanswered. The purpose of this new allocation of funds is to aid healthcare providers as they see COVID-related loss of revenue and increased expenses. For eligible providers, the new Phase 3 General Distribution is designed to balance an equitable payment of 2 percent of annual revenue from patient care for all applicants plus an add-on payment to account for revenue losses and expenses attributable to COVID-19. The Organization TIN may have subsidiary TINs and all of those should be listed in the application. See Taft's Oct. 13, 2020 update here. The FAQs continue to be updated frequently. Any help would be appreciated!! Updated by HHS FAQ guidance. Phase 3 now opens the door for even more chiropractic physicians to acquire funds through this program, including doctors who were new to practice in 2020. You also certify that you are the Program Administrator or representative on behalf of your organization. Providers can begin applying for funds on Monday, October 5, 2020. And now, we come to the newly released Phase 3 General Distribution. The attestation page has an option to reject or accept the funds. Your Organization TIN Dashboard will show your attestation status. allocation of up to $20 billion from the Provider Relief Fund in the Phase 3 General Distribution. This includes Medicare, Medicaid, CHIP, dentists, assisted living facilities and behavioral health providers. Learn how your comment data is processed. Besides the yearly tax return they are requesting, how are you providing this documentation? This was an automatic grant that went out to most practices and healthcare organizations that take Medicare. Phase 3 distribution. Healthcare providers that began practicing January 1, 2020 through March 31, 2020. HHS Media Information Then you can attest to receiving or rejecting the funds, in the same way as for ACH Payment Attestation. “Provider Relief Fund payments may be used to cover lost revenue attributable to COVID-19 or health-related expenses purchased to prevent, prepare for, and respond to coronavirus, including but not limited to: Recipients of >$10,000 will be required to submit reports about the use of their Provider Relief Fund distribution.“. To recap, healthcare entities have seen two other phases of the Provider Relief Fund: The CARES Act, which was the $2 Trillion Stimulus package passed in March 2020, allocated $30 Billion to HHS to aid the hundreds of thousands of medical practices struggling due to COVID-related closures and loss of patient volume. If you received prior Provider Relief Funds with the same TIN, it may already be in the system. Further, HHS recognizes constraints such as the stay-at-home orders and social isolation have been particularly difficult for many Americans. HHS modified the FAQs to state that some Phase 3 General Distribution applicants may not receive 88% of the losses reported on their applications because HHS determined that 1) the reported revenues and operating expenses from patient care were not exclusively from patient care, 2) the amounts reported were not reflected in the submitted financial documentation, or 3) the reported figures were extreme … To reject the funds, you call your bank and ask them to refuse the ACH transfer by initiating ACH return code “R23-Credit Entry Refused by Receiver”. Once you receive the funds, you sign an attestation to confirm receipt of funds and agree to the Terms and Conditions within 90 days. As reported on our prior blogs, the CARES Act has made available billions of dollars in Provider Relief Funds for certain health care providers impacted by the COVID-19 pandemic. Previously ineligible providers, such as those who began practicing in 2020 will also be invited to apply, and an expanded group of behavioral health providers confronting the emergence of increased mental health and substance use issues exacerbated by the pandemic will also be eligible for relief payments. Funding for this Phase 3 General Distribution was made possible through the bipartisan CARES Act and the Paycheck Protection Program and Health Care Enhancement Act, which allocated $175 billion in relief funds to hospitals and other healthcare providers. It would be a shame if they make it too hard for the very folks who need it most. On October 21, HHS posted informational materials on the Provider Relief Fund Phase 3 General Distribution, including a one-page fact sheet, 12-page presentation, and recording of its October 15 informational webinar. For a Group: Group NPI, NPI Effective Date, Medical/ Department of Health (DOH)/ License Number. As a reminder, the Phase 3 application process will review applicants to ensure each has received 2% of their patient care revenues in PRF General Distributions, and, if not, true those up. All applications will first be reviewed to make sure they have received 2% of their annual patient-related revenue from prior Distributions. If you keep the funds for 90 days, it is automatically assumed that you have accepted them and agreed to the Terms and Conditions. Register here. CARES Act Provider Relief Fund – Phase 3 General Distribution . The email will come from HRSA CARES Act Provider Relief via DocuSign with the subject line: “Email Validation: CARES Act Provider Relief Fund”. A provider’s change in operating expenses from patient care, including expenses incurred related to coronavirus; Payments already received through prior Provider Relief Fund distributions. U.S. Department of Health & Human Services I am in process of applying for phase 3 and they request documentation information regarding revenues and expenditure. Your TIN may need to be validated. HHS is hosting a webinar on October 15th at 3:00 p.m. Eastern Time. This portion required an online application from requesting practices. That number was about $4 billion higher than originally expected. Here is a summary of Reporting Requirements for recipients of Provider Relief Funds. HHS is distributing $178 billion to hospitals and healthcare providers on the front lines of the coronavirus response. For Providers. For an individual: Date of Birth, Individual NPI, Social Security Number (if there is no NPI), Medical/DOH/License Number, You will need to submit Federal Income Tax Returns for years 2017-2019, Operating revenue and expenses from patient care. HHS is making a large number of providers eligible for Phase 3 General Distribution funding, including: All eligible providers will be considered for payment against the below criteria. HHS Agency Press Contacts. We know providers want to receive payments shortly after submitting their information. The HHS guidance on the provider relief funds has been ever changing and often conflicting. Be a behavioral health provider who does or does not accept insurance for patient care, as of March 31, 2020, Dental service provider who does or does not bill private insurance companies for patient care, as of March 31, 2020, File Federal Tax Returns for tax years 2017, 2018 and 2019, if in business before 2020, or be exempt from needing to file, Have provided patient care after January 31, 2020, Did not permanently stop providing patient care directly or indirectly. HHS’s top priority is ensuring as many providers possible have an opportunity to apply. HHS will continue to host webinars to assist providers through the application process and the call center is also available to address questions. Still, HHS recognizes that many providers continue to struggle financially from COVID-19’s impact. Together, the Phase 1 and 2 Provider Relief Funds (PRF) were referred to as the “General Distribution”. During the Phase 3 round of funding, the program is expected to distribute more than $24 billion to more than 70,000 providers, according to an HHS news release. Amount of … Toll Free Call Center: 1-877-696-6775, Note: All HHS press releases, fact sheets and other news materials are available at, U.S. Department of Health & Human Services, Secretary Azar Statement on Executive Order Supporting In-Person Schooling, Trump Administration purchases additional 100 million doses of COVID-19 investigational vaccine from Pfizer, HHS, DOD collaborate with Merck to continue the development and large-scale manufacturing of investigational COVID-19 treatment. Any remaining funds will then be allocated equitably among applicants, based on losses incurred due to the pandemic as well as increased expenses of patient care. An expanded number of mental health professionals are included due to a rapid rise in mental health problems such as anxiety and depression during the pandemic. Phase 3 Provider Relief Fund Eligibility for Phase 3 Provider Relief fund. Posted on October 7, 2020 in Health Law News. Eligible dentists were able to apply for ‘Phase 3’ funding through November 6, 2020. Providers that have already received payments of approximately 2% of annual revenue from patient care may submit more information to become eligible for an additional payment. Then HHS will assess operating revenues and expenses from Q1/Q2 of 2019 compared to 2020 to determine a formula for an additional bump beyond the 2%. As we announced last week, HHS has opened up the portal for providers to apply for Phase 3 of the HHS Provider Relief Fund (PRF). Applicants must meet all of the following criteria: The formula upon which Phase 3 distribution will be based is not clear yet. Home > About > News > Trump Administration Announces $20 Billion in New Phase 3 Provider Relief Funding. According to HHS, “…providers are encouraged to apply if you have experienced a decrease in operating income attributable to coronavirus.” Payment is based on: NOTE: The following only applies to healthcare and medical practices. You may receive the funds either by ACH transfer to your bank account or paper check. If some have not, they will first receive an amount so the sum of their Provider Relief Fund distributions, in all, amounts to 2% of revenue. You indicate on the same attestation that you are declining the funds. Under this Phase 3 General Distribution allocation, providers that have already received Provider Relief Fund payments will be invited to apply for additional funding that considers financial losses and changes in operating expenses caused by the coronavirus. All provider submissions will be reviewed to confirm they have received a Provider Relief Fund payment equal to approximately 2 percent of patient care revenue from prior general distributions. Today, under the leadership of President Trump, the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is announcing $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. When will Phase 3 payments be made? During the Phase 3 round of funding, the program is expected to distribute more than $24 billion to more than 70,000 providers, according to an HHS news release. New funding available: 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. A total of $261 million in Phase 3 general distributions had been disbursed to assisted living providers from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund as of Dec. 31, according to a report released Thursday by the U.S. Government Accountability Office. Previously ineligible providers, such as those who began practicing in 2020 were also invited to apply, and an expanded group of behavioral health providers were also eligible for relief payments. Previously ineligible newly formed practices, that have gone into business... Additional Eligibility Requirements. If your TIN is not validated, it will be sent out to third party validators and this process may take up to 4 weeks. With the remaining balance of the $20 billion budget, HRSA will then calculate an equitable add-on payment that considers the following: A provider’s change in operating revenues from patient care, A provider’s change in operating expenses from patient care, including expenses incurred related to coronavirus. Up to $20 billion in new funding is available under the Provider Relief Fund – Phase 3 General Distribution. HHS recognizes the multifaceted challenges of this pandemic cannot be won without frontline healthcare providers focused on containing the virus and delivering holistic care. For individual providers, have evidence of gross receipts on IRS Form 1040 or other. Providers who previously received, rejected or accepted a General Distribution Provider Relief Fund payment. For a detailed description of all eligible Phase 3 General Distribution provider types, visit the PRF website. The Phase 3 distributions will be made available to an expanded group of providers including those who already received Provider Relief Fund payments, providers that began practicing between January 1, 2020 and March 1, 2020 and behavioral health providers. If you received funding by paper check, enter the check number and amount of payment. It runs till November 6, 2020. Behavioral Health providers, including those that previously received funding and new providers. Applying early will help to expedite HHS’s review process and payment calculations, and ultimately accelerate the distribution of all payments. Because the eligibility changes were announced on October 22, the latest broadening of eligibility does not yet appear in these materials. Since HHS is partnering with UnitedHealth Group to disburse the funds, you need to sign in or set up an Optum ID with your name and email address. HHS Opens Phase 3 Provider Relief Fund Beginning October 5th 2020, providers are able to apply for a “Phase 3” of funding from the Health and Human Services (HHS) Provider Relief Fund (PRF) – which was established under the CAREs (Coronavirus Aid, Relief, and Economic Security) Act. Washington, D.C. 20201 Applications opened up at the start of this week, on October 5, 2020. I am a private practice physician. Funding will be allocated to You can apply regardless of whether you previously were eligible for, applied for, received, accepted, or rejected prior PRF payments. “We’ve worked with all of the resources we have across HHS to ensure that America’s heroic healthcare providers know they can apply for support.”. On October 1, 2020, the Department of Health and Human Services (HHS) announced a new $20 billion Phase 3 of the Provider Relief Fund (PRF) General Distribution. The Provider Relief Fund supports American families, workers, and the heroic healthcare providers in the battle against the COVID-19 outbreak. Applicants that have not yet received Relief Fund payments of 2 percent of patient revenue will receive a payment that, when combined with prior payments (if any), equals 2 percent of patient care revenue. Under this Phase 3 General Distribution allocation, providers that have already received Provider Relief Fund payments will be invited to apply for additional funding that considers financial losses and changes in operating expenses caused by the coronavirus. Source: CARES Act Provider Relief Fund: General Information. Most recently, the Department of Health and Human Services (HHS) has opened the portal for Phase 3 which will include an additional $20 billion in distributions. New Provider Relief Fund for Healthcare Providers Federal HRSA Program Deadline is Nov 6, 2020 . HW&Co. That number was about $4 billion higher than originally expected. You can attest on the same Organization TIN Dashboard where you validated your TIN. To do so, you are first directed to an Authentication page where you enter the access code that was sent to your your email. ASPA Press Contacts Working with the Substance Abuse and Mental Health Services Administration (SAMHSA), HRSA developed a list of the nation’s behavioral health providers now eligible for funding, which includes, for example, addiction counseling centers, mental health counselors, and psychiatrists. On October 1st, 2020, the Department of Health and Human Services (HHS) announced a new $20 Billion in funding for healthcare providers at the frontier of the fight against the COVID pandemic. It will send $24.5 billion to 70,000 providers, $4.5 billion more than the department originally planned to distribute in this tranche of funding. Last week, HHS announced a Phase 3 round of general distributions from The Public Health and Social Services Emergency Fund (“Relief Fund”). So, this is likely the last opportunity for providers to apply for funding, barring a new appropriation from Congress as part of another Stimulus bill. All payment recipients will be required to attest to receiving the Phase 3 General Distribution payment and accept the associated Terms and Conditions. Much like the Phase 2 funding, Phase 3 funding will be made available following the submission of an application by providers. Nicole Jobe is a member of Thompson Coburn’s Health Care group. I hope you’re able to apply! The payment will be from Optum Bank with “HHS.GOV” as the payment description. You must either accept or reject all of it. Provider Relief Fund Phase 3 *Healthcare Only* Published by BradyRenner CPAs | October 30, 2020 . The “Attest to Payment and Terms” section will become available after funds are disbursed. The Department of Health and Human Services (HHS) began issuing Phase 3 payments in mid-December 2020, and will continue making payments through the first months of 2021 … You do have to resubmit some of the same financial information you may have submitted for earlier distributions. You do not have the option to reject part of the funds. Our behavioral health providers have shouldered the burden of responding and confronting this expanded challenge triggered by the pandemic. The deadline to submit is November 6, 2020. Phase 3 Funds. We estimate that after the Phase 3 PRF payments are made HHS will have roughly $15-20 billion left in the PRF of the original $175 billion appropriated for the Provider Releif Fund. This new round of funding became available for application beginning on October 5, 2020 and will be open through November 6, 2020. You use the TIN with which you file taxes (since they need to verify revenue), even if it is not the TIN which directly bills Medicare/Medicaid. Under this Phase 3 General Distribution allocation, providers that have already received Provider Relief Fund payments will be invited to apply for additional funding that considers financial losses and changes in operating expenses caused by the coronavirus. The Terms and Conditions you agree to when you attest to the receipt of funds state the reporting requirements you need to comply with. Providers that have already received Provider Relief Fund payments will are invited to apply for additional funding that considers financial losses and changes in operating expenses caused by the coronavirus. Again, HHS is urging all eligible providers to apply early; do not wait until the last day or week of the application period. HHS Provider Relief Fund (PRF) What is the current status of applications for the PRF? For updates and to learn more about the Provider Relief Program, visit: hhs.gov/providerrelief. Additional reporting requirements may come in further directives from HHS. You are eligible to apply for funding between October 5, 2020 and November 6, 2020. HHS is urging everyone to apply as soon as possible since they can start reviewing applications and dole out funds only after everyone’s applications are in. To apply for funding, you need to use the Provider Relief Fund Application and Attestation Portal. On October 1, HHS announced that practices could apply to receive funds to cover revenue loss and expenses resulting from the COVID-19 pandemic. You need to sign up for updates- no unsubscribing here, your email is required. You need to provide required revenue and tax information through the portal. Reports are meant to assess how a provider is using the grant funds. PFB. This site uses Akismet to reduce spam. The opportunity to receive up to 2% of annual revenue from patient care remains active. “HHS has worked to ensure that all American healthcare providers receive support from the Provider Relief Fund in a fast and fair way, and this new round helps ensure that we are reaching America’s essential behavioral health providers and takes into account losses and expenses relating to coronavirus,” said HHS Secretary Alex Azar. I run a simple outpatient office and therefore don’t have an accountant making up spreadsheets and documents to easily report this type of information. They were attempting to get people about 2% of their net Medicare revenue from 2018, from the General Distribution. The U.S. Department of Health and Human Services (HHS) has increased the amount of money it’s giving to health care organizations as part of its third phase of distributions from the Provider Relief Fund (PRF). Provider Relief Fund Phase 3 Funding On October 1, 2020, the U.S. Department of Health and Human Services (“HHS”) announced a third phase of PRF funding for a total amount of $20 billion. The application period for Phase 3 closed November 6, 2020. I hope this is helpful! While some Medicare or Medicaid behavioral health providers have already received prior General Distribution payments, others have not. This responsibility may be transferred over to someone else by calling Optum at 866-569-3522, TTY dial 711. Payments already received through prior Provider Relief Fund distributions. HHS has already issued over $100 billion in relief funding to providers through prior distributions. Tax filing Classification (such as Sole Proprietorship or S- corp), Any subsidiary TINs (if not, re-enter your TIN), Billing Company information, if applicable. All payment recipients will be required to attest to receiving the Phase 3 General Distribution payment and accept the associated Terms and Conditions. HRSA is holding a Provider Relief Fund – Phase 3 Informational Webcast on October 15, 2020 at 3:00pm ET. Accepted Medicare Fee-for-Service payments between January 1, 2019- March 31, 2020. Like previous PRF, this is a grant, not a loan that is expected to be repaid. Providers may be eligible whether or not they previously applied or, or received, or rejected prior HHS Grants. Best, Did you get funds from prior Provider Relief Fund? Providers will have from October 5, 2020 through November 6, 2020 to apply for Phase 3 General Distribution funding. Please visit the HW&Co. On October 5, 2020, Phase 3 of the Provider Relief Fund opened for applications with an additional $20 billion in new funding for providers on the front lines of the pandemic, including those who were previously ineligible for funding. HHS Includes Behavioral Healthcare Providers in Provider Relief Fund Phase 3 Distribution The Department of Health and Human Services (HHS) on Thursday announced an additional $20 billion is available from the Provider Relief Fund (PRF) for healthcare providers to recover Covid-19-related financial losses and changes in operating expenses. is here to assist you in any way we can. The deadline to apply is November 6, 2020.