Overview
On April 10, 2020, the Department of Health and Human Services (HHS) started the immediate release of $30 billion in relief funding to providers in support of the national response to COVID-19 as the first tranche of the distribution of the $100 billion provider relief fund provided for in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The funds must be used to support healthcare-related expenses or lost revenue attributable to coronavirus, and, to keep the funds, the recipient providers must agree to comply with a number of provisions including ensuring uninsured Americans can get the testing and treatment they need without receiving a surprise bill from a provider. The vast majority of the funds have now been distributed by direct deposit to facilities and providers that received Medicare fee-for-service (FFS) reimbursements in 2019. This webinar will examine the key legal and financial issues relating to:
- the release of monies
- attestation process
- terms and conditions that must be met
- required documentation
- steps to be taken now that will help with a potential future audit
Presenters include attorney Delphine O’Rourke, partner at Duane Morris LLP, who specializes in counseling hospitals & healthcare systems on all aspects of federal regulation and accountant Aaron Cohen, co-leader of the Health Care Practice at Citrin Cooperman, a leading accounting, tax, and advisory services firm whose clients include hospitals and other health care providers.
This webinar is complimentary to HAP members. Registration is required.