Fourth round of healthcare Provider Relief Funds (PRF) available starting Sept. 29
A fourth round of Provider Relief Funding (Phase 4 General Distribution) will be available on the HHS portal beginning September 29 for healthcare providers who can demonstrate lost revenues and expenditures between 7/1/20 – 3/31/21. PRF Phase 4 will reimburse smaller providers—who tend to operate on thin margins and often serve vulnerable or isolated communities—for their lost revenues and COVID-19 expenses at a higher rate compared to larger providers.
As a reminder, a grace period for PRF Reporting Period 1 has been extended sixty days.
For more information about eligibility requirements, the documents and information providers will need to complete their application, and the application process for PRF Phase 4 and ARP Rural payments, visit https://www.hrsa.gov/provider-relief/future-payments. To get assistance with reporting and applying for Phase 4 General Distribution, contact a ShindelRock tax professional.