Eligible long-term care facilities will be able to apply for both Phase 4 Provider Relief Funds and rural COVID-19 relief payments, according to new details released by the Health Resources and Services Administration.
The application for the latest relief funding — first announced in mid-September — is set to open Wednesday. The agency on Monday provided additional details on what will be required from providers when applying. The updates were detailed by the American Health Care Association.
An available $8.5 billion in rural payments will only be open to providers who serve rural patients covered by Medicare and Medicaid, while the $17 billion in Phase 4 funding is open to a broad range of providers who’ve seen changes in their operating revenues and expenses.
Eligible providers will need their tax identification numbers for themselves and any subsidiaries, and internally-generated financial statements that include operating revenues and expenses from the first third and fourth quarters of 2019, third and fourth quarters of 2020, first quarter of 2021, AHCA explained.
Providers must also submit their federal income tax return, audited financial statements or internally-generated financial statements.
“Providers who previously created an account in the Provider Relief Fund Application and Attestation Portal and have not logged in for more than 90 days will need to first reset their password before starting a new application,” the association said.
“In order to streamline the application process and minimize administrative burdens, providers will apply for both programs in a single application,” AHCA added.