HHS Provider Relief Fund - Estimated Expenses and Lost Revenue Tool
The Provider Relief Fund supports healthcare providers in the battle against COVID-19. Through the CARES Act and PPP Funding, the federal government has allocated $175 billion in payments distributed to providers in need. All recipients of these funds are required to comply with reporting requirements as issued by the Health and Human Services.
HHS will require recipients to submit future reports relating to their use of these funds – which can be very complex and intimidating to keep track of. Our team at Mueller Prost can assist you in tracking your estimated costs and help to ensure you’re prepared for all reporting documentation. Although complete guidelines from the HHS have yet to be released, we can guide you based on what is available as of today – before it’s too late!
Please view this video for more details on the tool and instructions on how to complete.
We are here to help.
Our proprietary estimator tool has been developed for your convenience based on the HHS FAQ's currently available. Please use this file to assist in determining your estimated “COVID related” expenses, lost revenues, what of HHS money is left to be spent, or may be required to return next year.
Note, in support of our healthcare clients, we are donating our time in creating this tool for you. We know your time is valuable, and there is a lot of data entry necessary and analysis to complete it. But no need to worry, we are here to help! Our team has developed further resources beyond this initial tool to help with capturing appropriate data and performing necessary analytics. At a nominal cost to you, we can perform the calculation, analyze outliers, and provide you with consulting time to prepare for next year's reporting requirements.*
Obtain the complementary estimator tool.
*As of December 22, 2020, the Consolidated Appropriations Act, 2021, released revisions to the lost revenue calculation. This revision is not taken into account into this Free Tool. We are revising the Tool internally and working with those clients who have contracted Mueller Prost to help with the tool. The Tool continues to be an excellent basis of understanding in calculating the usage of expenses for HHS as the payer of last resort. Please contact us to help with the calculation and any questions you might have.