The Health Resources and Services Administration is hosting a free webinar on July 12 to provide technical assistance on reporting requirements for providers who received funding in the third phase of the Provider Relief Fund.
The webinar will take place at 3 p.m. ET. Register here.
The Phase 3 reporting period requires 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 in the Provider Relief Fund Reporting Portal.
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.
In order to submit reports, providers must first register in the PRF Reporting 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. For more information on returning all or a portion of payments via automatic transfer or check, visit the PRF Reporting Portal or refer to the Returning Funds Fact Sheet.
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 your financial advisor or accountant prior to submitting reports.