Billions in Federal Provider Relief Funds Have Been Distributed. Now Come Auditing and Compliance
Ext. Publication
December 10, 2020
Weaver’s Health Care Industry Leader, Anna Stevens shares insights with Healthcare IT Consultant on the audit and compliance requirements for recipients of the federal Provider Relief Funds.
- Early on, providers who received PRF funds had to accept or reject the money without information about reporting and auditing requirements. However, Health and Human Services (HHS), the administrator of all PRF funds, has since established reporting and auditing requirements to ensure proper compliance.
Thousands of hospitals and other providers have received and accepted payments from the Provider Relief Fund. As they begin to consider financial reporting and audit requirements, some will find themselves in unfamiliar territory.
Visit Healthcare IT Consultant to read more of Anna’s insights on PRF compliance.
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