Dentists who received funds during the third phase of the Provider Relief Fund have until 11:59 p.m. ET Sept. 30 to submit a report on the use of those funds in the Provider Relief Fund Reporting Portal.
Phase 3 reporting will require any dentist who received one or more payments totaling greater than $10,000 in the aggregate from the Provider Relief Fund between Jan. 1-June 30, 2021, to submit reports.
The Provider Relief Fund was established by the Coronavirus Aid, Relief and Economic Security Act in 2020 and allowed dental providers to apply for payments made for health care-related expenses or lost revenue attributable to the COVID-19 pandemic.
To submit reports, providers must first register in the portal, according to the Health Resources and Services Administration. After submitting their report, providers must return any unused funds from Phase 3 within 30 days after the end of the third reporting period.
Providers who "fail to submit a completed report by the deadline will be subject to further enforcement actions such as repayment or exclusion from receiving and/or retaining future PRF payments," wrote HRSA in previous communications. Grace periods or extensions will not be granted. The ADA recommends consultation with a financial adviser or accountant prior to submitting reports.
For additional information, please see several official resources for providers:
- A HRSA Reporting Non-Compliance Fact Sheet.
- A HRSA FAQ.
- Academy of Dental CPAs website.
- A Post-Payment Notice of Reporting Requirements Fact Sheet.
- Resources specifically for reporting period 3, including a Lost Revenues page and Reporting Resources page.
- New reporters can listen to the July 12 webinar or download the slides.
- Returning reporters can listen to the July 13 webinar or download the slides.