Practice owners who received Provider Relief Fund (PRF) payments exceeding $10,000 in the aggregate between January 1, 2022 and June 30, 2022 are required to self-report during Reporting Period 5 (RP5) which runs through September 30th.
Providers who fail to comply with this requirement by September 30, 2023 will be deemed out of compliance with the program’s Terms and Conditions and could be subject to forfeiture of all PRF subsidies received during the first half of 2022. Check out the Provider Relief Fund Reporting Non-Compliance Fact Sheet at: https://www.hrsa.gov/sites/default/files/hrsa/provider-relief/reporting-non-compliance-fact-sheet.pdf.
For our clients who are required to report on PRF payments, you have likely received multiple emails from both HRSA as well as from our staff offering to help satisfy your self-reporting requirements. If you would like our assistance to self-report, please email us (prf@schwartzaccountants.com) soon so we can help make sure that you meet the September 30th deadline.
For any S&S clients who have already completed the reporting requirement on their own or plan to do so by September 30th, please reach out to us at (prf@schwartzaccountants.com) to let us know and we will update our records accordingly.
More info about the self-reporting requirement and the September 30th deadline is available at: https://www.hrsa.gov/provider-relief/reporting-auditing. We do charge a fee to assist our clients with the self-reporting application.