The Georgia Department of Community Health (DCH) has communicated to providers in a memorandum dated November 18, 2020 that DCH is preparing to make interim payments for the State Fiscal Year 2021 Disproportionate Share Hospital program. Interim payments will not be provided to private hospitals due to the unavailability of state matching funds. The following [...]
Lost Revenue The Department of Health and Human Services (HHS) has updated its guidance and information on the use of the Provider Relief Funds (PRF). From the October 22nd HHS release, HHS has amended “…the reporting instructions to increase flexibility around how providers can apply Provider Relief Fund money toward lost revenues attributable to coronavirus. [...]
The Department of Health and Human Services (HHS) has released additional guidance on the $2 billion quality incentive payment program under the Nursing Home Infection Control Distribution from the Provider Relief Fund. Nursing homes will not have to apply for this new program as HHS will be measuring nursing home performance and distributing payments based [...]
The Department of Health and Human Services (HHS) has released the new reporting requirements for providers that received more than $10,000 in Provider Relief Funds. This dollar limit is applied in the aggregate for all the distributions from the Provider Relief Fund (i.e. General, High Impact, Safety Net, Rural, and others) and not to each [...]
The Bipartisan Budget Act of 2018 modified the qualifying criteria for the low volume hospital payment adjustment for fiscal years 2019 through 2022. Under the modified criteria, the payment increases are applicable for hospitals that have less than 3,800 total discharges and are located more than 15 road miles from another hospital (excluding critical access, [...]
The Department of Health and Human Services (HHS) has announced new reporting requirements for providers that received more than $10,000 in Provider Relief Funds. This dollar limit is applied in the aggregate for all the distributions from the Provider Relief Fund (i.e. General, High Impact, Safety Net, Rural, Nursing Home, and others) and not to [...]
The Department of Health and Human Services (HHS) has distributed a significant portion of the $100 billion appropriated in the CARES Act for the Provider Relief Fund. Provider Relief Fund payments are being disbursed by both “General” and “Targeted” Distributions. The Provider Relief Fund Frequently Asked Questions (FAQs) were recently updated to address the control [...]
The Bipartisan Budget Act of 2018 included changes outlined below regarding hardship distributions requirements for most defined contribution plans. The following changes are mandatory effective January 1, 2020: Requirements prior to January 1, 2020 Requirements as of January 1, 2020 6-month suspension of contributions after taking a hardship distribution No suspension of contributions allowed No [...]
The Setting Every Community Up for Retirement Enhancement (SECURE) Act includes significant provisions to increase access to retirement funds. Changes included in the SECURE Act: $5,000 withdrawal available upon birth or adoption of a child Required Minimum Distribution age changes from 70 ½ to 72 Part time employees are eligible for participation if they have [...]
The last round of the Department of Health and Human Services (HHS) CARES Act Provider Relief Fund was a $10 billion distribution to safety net hospitals. Hospitals must have met certain criteria to receive a minimum payment of $5 million up to a maximum of $50 million. Acute care hospitals were eligible if they meet [...]