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The U.S. Department of Health and Human Services (HHS) portal has officially opened and new guidance has been issued. HHS has changed the reporting requirement many times.
Providers that received general distributions of the HHS Provider Relief Funds during Phases 1, 2, and/or 3 are subject to certain reporting requirements. These reporting requirements will require providers to evidence that they complied with the intended uses of the Provider Relief Funds. These funds cannot be used to reimburse expenses or losses that have been or should be reimbursed by another source.
Provider must maintain appropriate records and cost documentation required by 45 CFR 75.302 (financial management) and 45 CFR 75.361-75.365 (record retention and access). Join the live session to know general reporting guidelines, healthcare related expenses, general and administrative Expenses and lost revenue calculation.
Amanda Waesch has experience of 18 years and operates a national healthcare practice and is licensed in both Ohio and Florida. She primarily focuses her practice on healthcare, employment law, corporate law, and healthcare litigation and advises all types of employers, in particular healthcare providers, including, hospitals and physicians, on various matters.
She also chairs the firm’s litigation team that is primarily responsible for handling all reimbursement audits and appeals for her firm’s healthcare clients and heads up BMD’s Provider Relations, Audit, Appeals, and Negotiations Unit (PRAAN) which handles all-payer audits, appeals, overpayments and payment extrapolations.