New Provider Relief Fund for Healthcare Providers

Federal HRSA Program Deadline is Nov 6, 2020

NOTE: The following only applies to healthcare and medical practices.

The federal Human Resource & Services Administration (HRSA) has announced a new program to provide emergency financial relief for healthcare providers. The Health Resources and Services Administration is an agency of the U.S. Department of Health and Human Services and is located in North Bethesda, MD.

The program now provides access to Phase 3 General Distribution funds for healthcare providers who have experienced lost revenues and/or expenses attributable to COVID-19.

Applications close on November 6, 2020 at 11:59 PM ET.

Providers may be eligible if they are a behavioral health provider, dental provider, home care provider, primary care or specialty medical practice, and more. Prior eligibility for PRF payment is not required to apply for this round.

Payment is based upon assessed revenue losses and expenses attributable to COVID-19, 2% of annual patient care revenue, and any prior PRF distributions.

For more information, see https://www.hhs.gov/sites/default/files/provider-relief-fund-phase-3-stakeholder-toolkit.pdf or contact our team at BradyRenner CPAs.

Sincerely,

Matt Brady, CPA
President

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