PRF Reporting & Audit Requirements Update

Presented on:
March 18, 2021 9:00 AM PT
Duration:
1 hour
Location:
Online

The Office of Management and Budget released the Compliance Supplement Addendum on December 22, 2020, which contains guidance on auditing the Provider Relief Fund (PRF). Additionally, on December 27, 2020, the Federal Appropriations Act was passed, which includes new provisions that modify the scope of PRF payments. Furthermore, Congress authorized an additional $3 billion to be distributed. Finally, HHS provided updated reporting guidelines on January 15, 2021, which included pushing back the first reporting deadline.

Join us for the latest information about the PRF reporting process and audit requirements as well as best practices on how to account for and track these funds in preparation.

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Speakers

Aparna Venkateswaran, CPA, Senior Manager, Moss Adams

Aparna has practiced public accounting since 2004. She provides audit and consulting services to a wide range of clients in the health care industry, including health plans, hospital systems (governmental, not-for-profit, and for-profit), medical groups (for-profit and FQHC), and other health care organizations.

Melaney Scott, Senior Manager, Moss Adams, Health Care Consulting

Melaney has provided compliance, regulatory, and internal audit services since 2007 as well as accounting and finance work since 1999. She serves a variety of health care clients, including governments, not-for-profits, Tribal entities, and private businesses.

Georgia Green, Manager, Moss Adams, Health Care Consulting

Georgia has worked in the health care industry since 2011. She provides strategic and operational consulting services to health care providers and payers. Georgia has extensive experience in helping clients integrate value-based care models, such as Accountable Care Organizations (ACOs), from start to finish, including strategic analysis, program design, budgeting, contracting, waiver development, training, compliance, reporting, and performance improvement.

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