Update on Healthcare Provider Relief Funds
Deadline Extended to Sign Attestation and Accept Terms
**The Health and Human Services (HHS) has extended the attestation period by an additional 15 days
Over the past few weeks, we have shared information on the Provider Relief Fund under the CARES Act. Additional information has been released related to these funds, and we would like to share the details regarding these updates.
- Providers that received the initial distribution need to sign the attestation confirming receipt of the funds and agree to the terms and conditions within 30 days of payment. This could be as early as May 24, 2020, depending upon when payment was received. You can find the attestation link here.
- If you choose to reject the funds, you must still complete the attestation to indicate this.
- Providers must attest to the first payment received and agree to the terms and conditions before applying for the second round of funds.
- You should only attest if you believe the payment you received is consistent with your estimated allocation of funds. You can calculate your estimated total allocation by dividing your gross receipts by 2.5 trillion and then multiply by 50 billion. (Gross Receipts / 2,500,000,000,000 x 50,000,000,000).
- You should not attest if the payments you have already received exceed your estimated total allocation. If this is the case, you should contact the CARES Provider Relief Hotline at 866-569-3522.
- The U.S. Department of Health and Human Services (HHS) reserves the right to recoup all or a portion of the funds distributed if paid in error or if it is found that a provider was not eligible to receive funds.
- HHS reserves the right to audit the funds for the next three years, so best practices are to move the funds to a separate bank account and ensure that policies and procedures have been put in place to document proper use.
MNMW recommends working with a healthcare attorney who is knowledgeable with the CARES Act and the Provider Relief Fund to ensure that all final terms and conditions are met.
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