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Working to keep you informed.

Blue & Co., LLC understands that the information surrounding the use of Provider Relief Fund payments and subsequent reporting changes daily. Much like you, we have questions on the implementation and are working to advise you on how to best approach these changes.

Please find our latest publications below which cover what we believe to be the biggest updates to the CARES Act and PRF requirements.

Older woman doctor checking a little girl's teddy bears' heartbeat | PRF Requirements | Provider Relief Funding | CARES Act | Business Consulting | COVID-19 Financial Updates

Phase 4 and ARP Rural Payment Application

We are two weeks away from the deadline to submit your Phase 4 and ARP Rural Payment Application. These applications are due on October 26. If you haven’t started the process yet, please do so this week. Part of the application involves validating your Tax ID Number (TIN) with the IRS, and HRSA is saying […]

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ARP Rural Payment: PRF Weekly Update

Last week HRSA opened the application portal for the PRF Phase 4 distributions and the American Rescue Plan (ARP) Rural payments available to providers across the country. The biggest news is that the ARP Rural payment is not limited to only rural providers, but any provider who has provided services to rural patients. Given the […]

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PRF Update: Phase 4 and ARP Additional Funds Webinar

As we approach the September 30th deadline to submit PRF reporting documents, join Blue & Co. advisors on Friday, October 1st at 12 p.m. EST for a webinar covering recent information released by HRSA. During this webinar, our team will cover information regarding the application for more money that opens up on September 29th, as […]

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Phase 4 of PRF Funding

Friday afternoon HRSA announced Phase 4 of PRF funding and the $8.5B of American Rescue Plan (ARP) payments as well as the outline of how those payments will be administered. Payments between the two programs are anticipated to be $25.5B and will be made to providers who submit an application detailing lost revenues and COVID-19 […]

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Provider Relief Funds Portal: Highlights from HRSA Webinar

On July 20th, HRSA hosted a Reporting Technical Assistance Session regarding the Provider Relief Funds Portal. A few members of the Blue & Co. team attended this online session and took away some key pieces of information that will hopefully provide some guidance to your organization as you work your way through the provider relief […]

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Lost Revenues Calculations: Weekly PRF Update

The PRF reporting portal opened last Thursday as previously announced. There’s a lot to review but the biggest update was to the lost revenues calculations, which will hopefully be welcomed news for many providers. Weekly Insights The lost revenues calculation has once again been updated, per the details on Period 1 calculations provided by the […]

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PRF Reporting Periods and Data Requirements: PRF June Update

After months of relative silence and the 6/30/21 deadline to use PRF funds looming, HHS released updated reporting requirements Friday afternoon. There are both new and familiar concepts in the updated reporting guidelines. Below in our Weekly Insights, we provide as much of the detail as possible and highlight changes we believe are most important […]

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Provider Relief Funds Weekly Update: New FAQs

Provider Relief Funds Update Last week HHS updated their FAQ’s for the first time in almost a month. We did learn that the period to incur COVID-19 expenses and lost revenues is still set to end on 6/30/21 and there was no mention of an extended time period. For now, HHS is moving ahead with […]

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The American Rescue Plan Act of 2021

Weekly PRF Update There still have been no updates from HHS for reporting on PRF payments for the 2020 calendar year, but the passage of the American Rescue Plan (ARP) Act of 2021 offered new details on the requirements for a new round of PRF payments. Section 1150C appropriates another $8.5B to the Provider Relief […]

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COVID-19 Expense Reporting Categories

The past few weeks have continued to be slow with very little new information on the Provider Relief Fund (PRF) reporting requirements. HHS released four new FAQs on 2/24/21 surrounding COVID-19 expense reporting. The theme among these FAQs is that HHS expects PRF payments to be used for unreimbursed costs and that when claiming COVID-19 costs, […]

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PRF Payments: What You’ll Be Able to Keep

PRF Weekly Update The past few weeks have been quiet with no new information from HHS regarding the Provider Relief Fund (PRF) and reporting requirements. The last FAQs were posted in late January as we await the opening of the reporting portal. This week we wanted to focus on determining how much of your organization’s […]

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