PRF Reporting & Audit Requirements Update

Presented on March 18, 2021

Aparna Venkateswaran, Partner, Health Care Consulting Practice
Melaney Scott, Director, Health Care Consulting Practice
Georgia Green, Senior Manager, Health Care Consulting Practice

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 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.

View our webcast for information about the PRF reporting process and audit requirements as well as how to account for and track these funds in preparation.

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