Deadline Draws Near for Physicians Who Received “Period 2” COVID-19 Financial Relief
March 11, 2022
If you have received more than $10,000 in single or aggregated payments from the federal Provider Relief Fund (PRF) to cover COVID-19 related expenses or losses, take note: The deadline to report how you used the funds is March 31, 2022.
This deadline pertains to physicians who received financial relief during Period 2, from July 1 through Dec. 31, 2020.
To report your information, access the Health Resources and Services Administration (HRSA)’s portal:Provider Relief Fund Reporting Portal
Eligible physicians must have used the money to prevent, prepare for or respond to COVID-19, including other related expenses or lost revenues attributable to the coronavirus, under the program’s terms and conditions.
Funding received under the program is considered a grant and not a loan. Therefore the money does not have to be paid back unless:
- The terms and conditions were not met; or
- The money wasn’t spent before the period ended, which was Dec. 31, 2021.
To help physicians comply with the requirements, HRSA’s webpage offers webinars and fact sheets.
If you have questions, please contact the ISMS Health Policy Research and Advocacy team