New PRF FAQs, Limits on Using PRF for Lost Revenues and Other Key Date Reminders

HRSA updated its Provider Relief Fund FAQs on May 5^th to include additional reporting periods and the end date by which COVID-related lost revenues must be incurred (June 30, 2023) for providers to be able to apply their PRF and ARP Rural Funds to them. Any COVID-related lost revenues incurred between January 1, 2020, and June 30, 2023 can be covered with available PRF and ARP Rural funds through the final reporting period. Here is a LeadingAge resource that provides the updated reporting timelines.  

Providers are reminded of the following upcoming key dates:  

• May 15 – June 2, 2023: Reporting Portal open for submitting late reports from Reporting Period 4 for those providers who made such a request and were approved. 
• June 30th: This is the final date for which COVID-related lost revenues can be incurred. 
• Reporting Period 5: Covers PRF and ARP Rural funds received between January 1 – June 30, 2022. These providers can use these funds for COVID- related expenses incurred between January 1, 2020 – June 30, 2023. Reporting will begin July 1, 2023. 
• Final Repayment Notices: Providers who receive these notices must either return funds or submit a request for a Decision Review within 60 days of receiving such a letter. Decision Review is the final appeal opportunity for providers. 

An article summarizing these items and linking to more details can be found here.