COMPLIANCE REQUIREMENTS FOR PROVIDER RELIEF FUNDS – LATEST DEVELOPMENTS

Participants of the live webinar will be eligible for 1.5 free CPE credits.

Register

Over the past two years, Congress has provided billions in funding through the U.S. Health and Human Services Provider Relief Fund (PRF) to help healthcare providers sustain their practices through the COVID-19 pandemic. During this webinar, BDO’s thought leaders will address key questions on the PRF reporting guidelines, including:

• Lost revenue calculations
• Allowable expenses
• Accounting for other assistance received
• Reporting other financial data
• Documentation requirements
• Information on Reporting and Audit Requirements

This webinar will also allow you to obtain the knowledge and information needed to perform compliance audits and understand the rules and regulations for PRF.

Carla DeMartini
National Professional Practice Partner, Nonprofit & Healthcare Industries
BDO USA, LLP

Chad Krcil
Director, National Healthcare Regulatory & Compliance
BDO USA, LLP

Stacey Powell
Professional Practice Director, Governement
BDO USA, LLP

Learning objectives:

• Gain an understanding what qualifies as a COVID-19 related expenses and lost revenue based on the latest guidance from the U.S. Department of Health & Human Service, U.S. Office of Management and Budget and AICPA guidance. Also, what providers need to include in documentation and retention for “additional expenses incurred” and Calculation of lost revenue metrics
• Learn about the requirements and audit options available to for-profit, nonprofit and government entities related to the PRF Program under the U.S. Department of Health & Human Service
• Identify best practices and tips to consider for U.S. Department of Health & Human Service Audits

BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org