COVID-19 Recovery Strategies: Healthcare Solutions
The healthcare industry has experienced extreme disruption and faces many unique challenges in how to move forward. While no one solution can fit all needs, we hope that this section on our website can help guide you through what we consider to be the key strategies healthcare organizations can use to recover and thrive.
If you have questions about what strategies apply to your organization’s situation, please contact us using the form at the bottom of this page. We are happy to talk through your unique situation.
Cash Flow Analysis & Planning
Cash flow is one of the biggest areas that impact a healthcare organization’s ability to reopen, recover, and thrive in our “new normal.”
Revenue & Funding
Healthcare organizations need to stay informed on the options available to them for funding and how to maximize reimbursement benefit.
Patient Care Considerations
Healthcare organizations can overcome current challenges by identifying opportunities for long-term solutions that can improve patient care.
Reporting on Provider Relief Funds for Period 3 opened on July 1, 2022 and runs through September 30, 2022. Period 3 reporting is for any PRF payments you may have received between January 1, 2021 to June 30, 2021. Compared to Period 1 and Period 2, there were very limited payments made by HRSA in […]
It’s the second week of January and the Provider Relief Fund reporting portal is open for Period 2 reporting. The portal will remain open until March 31, 2022 and is for reporting on payments received between July 1, 2020 and December 31, 2020. The layout and design of the portal is unchanged from Period 1, […]
HRSA is prepared to send out $9B of Phase 4 PRF payments to providers this week. 75% of Phase 4 applications are processed and ready to be paid this week with over 69,000 providers receiving a payment. HRSA will send all communication through email as payments are processed and will also send communication if no […]
President Biden’s administration recently announced its Path Out of the Pandemic action plan which included specific guidance around a COVID-19 vaccine mandate. The action plan calls for employers with 100 or more employees to require employees to be vaccinated or submit to weekly tests, as well as requiring vaccinations for federal employees, contractors, and hospitals […]
We have a short PRF update this week as the ARP Rural application deadline approaches. Reminder: The application portal closes at 11:59 p.m. on Tuesday, October 26. Before you can fill out and submit your application, your organization needs to validate or revalidate your TIN. HRSA says it could take up to 4 days, but […]
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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