Many healthcare organizations in Salina and across Kansas, received financial assistance through the Health and Human Services Provider Relief Fund. Like other federal COVID-19 relief programs, there are very specific rules governing how the funds can be used and how to document those uses. Since there have been several changes to reporting regulations, many organizations are confused about the complicated process and specific requirements.
Kansas Provider Relief Fund Reporting
Adams Brown, Strategic Allies and CPAs, offers provider relief fund consulting services to healthcare organizations in Salina, and across Kansas. Our team has significant experience helping fund recipients prepare the required documentation. We work with organizations of varying sizes including dental and physician medical groups, chiropractors, optometrists, and specialty clinics on expense tracking, categorization, and calculation reviews. This results in the organization complying with the federal requirements of the HHS PRF program.
Salina Provider Relief Fund Consulting
Lost Revenue Calculations – Based on guidelines established by the U.S. Department of Health, lost revenue calculations are completed and reviewed to ensure the correct amount has been captured.
Expense Categorization – Ensuring that expenses are properly categorized is essential to comply with the program. We will provide direction on which expenses to categorize as general/administrative and healthcare-related based on reporting thresholds.
Cross Program Planning – The rules governing the interplay between the Paycheck Protection Program (PPP), Employee Retention Tax Credit (ERC), and the Provider Relief Fund are complicated. A thorough review of expense tracking is critical to ensure the maximum benefits are received from each of the federal relief programs.
Documentation – Preparation and retention of essential documents is necessary to protect the organization should a government inquiry arise.