Application Portal for Provider Relief Fund Round 4 Now Open
Earlier this month, we let you know about a new round of provider relief funding for healthcare providers offered through the Health Resources and Services Administration (HRSA). Applications for this fourth round of funding opened yesterday. If you plan on applying, we suggest you register as soon as possible as the first step in the application process is to verify your Tax ID number in their system, which can take up to ten days. The application deadline is October 26, 2021, at 11:59 pm ET. You can find a sample application here to help you decide whether or not you want to take the time to apply.
The application seems fairly straightforward, with the exception of the definition of “Operating Expenses from Patient Care,” which is defined as the following per the HRSA.
“Operating expenses from patient care” means the operating expenses incurred as part of the delivery of care, including:
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Salaries and benefits;
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Contracted and/or employed physicians;
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Medical supplies; and
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Interest and depreciation on building and equipment used in the provision of patient care.
The following are not considered patient care expenses and must be excluded from the reported patient expenses figures:
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Any non-operating expense such as costs incurred on any rental property not used for direct patient care (e.g., nursing and assisted living facilities’ real estate costs where resident costs are allowable),
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Contributions made; and
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Gains and/or losses on investments.
For further definitions and instructions, please visit the HRSA website here.
