POSTED ON MONDAY, June 1, 2020
The Department of Health and Human Services (HHS) on Friday, May 22 issued a release stating that they are extending the timeline for acceptance of Provider Relief Fund terms and conditions an additional 45 days. This means providers now have 90 days from the date they received a payment to accept HHS Terms and Conditions or return the funds. All providers who have received Provider Relief Fund payments must agree to the program Terms and Conditions in order to keep the funds.
The Paycheck Protection Program and Health Care Enhancement Act provided $175 billion in relief funds to hospitals and other healthcare providers. This funding supports healthcare-related expenses or lost revenue attributable to COVID-19 and ensures uninsured Americans can get treatment for COVID-19.
Source: NAHC Report
About Corridor
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.
