Home » Blog » Accountants in Miami » Additional Funding Opportunity for COVID-Impacted Health Care Providers
writing a business plan for home health care, why do i need an accountant for my small business, why do i need an accountant, when to hire an accountant for a small business, what does a cpa charge per hour, understanding cash flow statement, understand cash flow statement, tu contador en miami, top cpa firms in miami, the outsourced accountant, taxes en miami, tax services miami fl, tax services, tax preparation miami, tax preparation, tax planning, tax miami, tax firm miami, tax filing miami, tax en miami, tax cpa, tax consultants, tax accounting miami, tax accountants near my location, tax accountant near me, tax accountant miami, tax accountant florida, tax accountant, talk to an accountant , start up costs on balance sheet, start up costs capitalized, start up cost capitalization, start up business accountant, start home health agency business, small cpa firms near me, small business tax preparation south florida, small business tax preparation near me, small business tax cpa, small business tax accountants, small business tax accountant near me, small business set up accountant, small business cpa services, small business cpa near me, small business cpa, small business accounting services near me, small business accounting professionals, small business accounting miami, small business accounting firms, small business accounting, small business accountant near me, small business accountant miami, small accounting firms near me, s corp accounting, reviewed financial statements, quality accounting and tax service, public accounting, public accountant near me, profit & loss statement, professional financial statements, professional accounting and tax, physician accounting services, physician accountant, pharmacy accounting services, pharmacy accountant, personal cpa, payroll and bookkeeping services near me, p&l miami, p&l accounting & tax services, organizational costs gaap, new business startup accountants, need accounting help, need accountant for small business, miami tax services, miami tax preparation, miami tax expert, miami pro tax and accounting, miami cpa firms, miami cpa, miami bookkeeping services, miami bookkeeping, miami bookkeepers services, miami bookkeepers, miami accounting firm, miami accounting, miami accountants, miami accountant, medicare cost report preparation, medicare cost report for home health agency, looking for accounting services, looking for a good tax accountant, local business accountants, llc and s corp differences, la contabilidad, income tax miami, income tax accountant in miami, income tax accountant, how to read a cash flow statement, how to read balance sheet, how to find the best accountant, how to find an accountant for small business, how to find an accountant, how to find a tax accountant, how to find a new accountant, how to find a good tax accountant, how to find a good cpa, how to find a good accountant, how to choose a tax accountant, how much does a cpa charge per hour, how much cpa charge per hour, how do you find a good accountant, how do i find a good accountant, how can a cpa help a small business, home health care services business plan, home health care business plan, home health care agency business plan, home health business plan, home health agency business plan, hiring an accountant for small business, hire a cpa, hire a business cpa, hha business plan & proof of financial ability to operate, healthcare tax accountant, healthcare accounting services, healthcare accounting companies miami, healthcare accountants, health care licensing application proof of financial ability to operate, health care agency business plan, good tax accountants near me, good accountant, gaap organizational costs, finding a good cpa, finding a cpa for small business, find a tax accountant, find a personal accountant, financial statements, financial accounting, does a small business need an accountant, do you need an accountant for small business, do i need an accountants or cpa, difference between s corp and llc, difference between llc and s corporation, difference between llc and s corp, difference between llc and corp, despachos de contadores en miami, despachos de contadores, despachos de contabilidad en miami, despachos contables en miami, despachos contables, declaracion de impuestos, cpa near me for small business, cpa miami florida, cpa miami fl, cpa miami, cpa in miami, cpa firms in miami florida, cpa firms in miami, cpa firm miami, cpa firm, cpa charge per hour, cpa certified professional accountant, cpa accounting, cpa, cost report preparation, cost report medicare, corporate tax, contadores publicos cerca de mi, contadores miami, contadores en miami, contadores cerca de mi, contadores, contador publico en miami, contador publico , contador publico near me, contador publico cerca de mi, contador miami florida, contador miami, contador en miami, contador accountants, contador, contabilidad financiera, condominium association audit, condo association audits, compiled financial statements, compare llc and s corp, companias de contabilidad en miami, cloud accounting miami, certified public accounting firm, certified public accountants, certified public accountant services, certified accountant, capitalizing start up costs, capitalized start up costs, capitalization of startup costs, business plan for home health care, business plan for home care agency, business plan for a home health care agency, business financial accounting, business accounting firms, business accountants, business accountant in miami, business accountant, bookkeeping services miami fl, bookkeeping services in miami, bookkeeping services, bookkeeping professionals, bookkeeping miami, bookkeeping, bookkeeper services, bookkeeper miami, bookkeeper in miami, bookkeeper, best online accountants for small business, best cpa for small business, best business accountants, best accounting firms in miami, best accounting firms for small business, best accountants in miami , best accountant, basic bookkeeping services, basic accounting services, are startup costs capitalized or expensed for gaap, ahca proof of financial ability to operate form 3100-0009, ahca proof of financial ability to operate, ahca form 3100-0009, ahca form 3100, ahca cpa, accounting tax firms, accounting software miami, accounting services miami fl, accounting services miami, accounting services in miami, accounting services, accounting professional, accounting principles miami, accounting miami, accounting in miami, accounting firms miami, accounting firms in miami, accounting firms in florida, accounting firms, accounting firm, accounting and tax services, accounting and tax outsourcing, accounting and tax, accounting, accountants vs cpa, accountants near me, accountants in florida, accountants for small business owners near me, accountants, accountant to help start a business, accountant miami, accountant in miami, accountant for my small business, accountant firms near me, accountant, accountancy service, a public accountant

Additional Funding Opportunity for COVID-Impacted Health Care Providers

COVID Impacted Healthcare Providers and Additional Funding by Congresses of $175 billion relief funds to HHS to deliver financial relief.

6 Steps for Applying for Phase 2 General Distribution Funding for Medicaid, CHIP, Dental and Certain Medicare Providers


Additional Funding Opportunity for COVID-Impacted Health Care Providers

Many accountants are witnessing COVID impacted Healthcare Providers who are experiencing significant financial hardships in the COVID-19 pandemic. Congress provided $175 billion in relief funds to the U.S. Department of Health and Human Services (HHS) to deliver financial relief to hospitals and other COVID impacted Healthcare Providers providers, including those on the front lines of the coronavirus response. Since March, HHS, through the Health Resources and Services Administration (HRSA), has been distributing the funds to various providers in phases to support their increased healthcare-related expenses or lost revenue that is attributable to COVID-19 and to reimburse claims for the testing and treatment of uninsured individuals diagnosed with COVID-19.

1. Determine Eligibility

To be eligible to apply, the applicant must have either:

  • Billed Medicare fee-for-service during the period of Jan.1, 2019-Dec. 31, 2019; or
  • Be a Medicare Part A provider that experienced a change in ownership and billed Medicare fee-for-service in 2019 or 2020 that prevented the otherwise eligible provider from receiving Phase 1 General Distribution payment
  • Billed Medicaid / CHIP programs or Medicaid managed care plans for health-related services between Jan.1, 2018-Dec.31, 2019; or
  • Billed a health insurance company for oral healthcare-related services as a dental service provider; or
  • Be a licensed dental service provider who does not accept insurance and has billed patients for oral healthcare-related services
Additionally, to be eligible to apply, the COVID impacted Healthcare Providers applicant must meet all of the following requirements:
  • Filed a federal income tax return for fiscal years 2017, 2018, 2019; or be exempt from filing a return
  • Provided patient care after January 31, 2020 (Note: patient care includes COVID impacted Healthcare Providers, services, and support, as provided in a medical setting, at home, or in the community)
  • Did not permanently cease providing patient care directly or indirectly
  • Did not receive a previous General Distribution payment totaling approximately 2 percent of annual patient revenue
  • For individuals, reported on Form 1040 (or other tax forms) gross receipts or sales from providing patient care
Please note: Receipt of funds from SBA and FEMA for coronavirus recovery or of Medicaid HCBS retainer payments does not preclude a COVID impacted Healthcare Providers from being eligible.

For detailed information on eligibility for Phase 2 General Distribution, read the Eligibility FAQs. Providers that are not eligible for the Phase 2 General Distribution may be eligible for future distributions.

2. Validate Tax ID Number

Depending on TIN validation, disbursements generally take 5-7 weeks.
All providers who register before the deadline will be considered.

If the TIN is recognized, begin with Step 4. Recognized TINS are verified on a state-provided 3rd party list.

If the TIN is not recognized:

  1. Provider registers in the portal and enters TIN.*
    *Process applies only to Medicaid / CHIP / Dental providers
    HHS shares unrecognized provider TINs with 3rd party validators** (Timing: 7-10 business days)
    **Validators are Medicaid / CHIP agencies, dental organizations, etc.
  2. Validator reviews provider information for eligibility (e.g. actively in practice, in good standing, etc.) and shares results with HRSA (Timing: 7-10 days)***
    ***Assumes validator responds within the requested timeframe; the majority of validators respond by the requested deadline
  3. HRSA accepts determination, updates portal, and notifies provider they can apply (Timing: 3-5 business days)
  4. Provider re-enters portal and completes an application for payments (Timing: 10-14 business days)

3. Apply for Funding

COVID impacted Healthcare Providers must apply through the Provider Relief Fund Application and Attestation Portal.

Application deadline: August 28, 2020
Documentation required to submit the application includes:

  • Most recent federal income tax return for 2017, 2018, or 2019, unless exempt
  • Quarterly Federal Tax Return (IRS Form 941 for Q1 2020) or Federal Unemployment Tax Return (IRS Form 940)
  • FTE worksheet
  • Revenue worksheet (if required by Field 15)

4. Receive Payment
COVID impacted Healthcare Providers may receive up to a total of 2% of reported revenue from patient care.

  • Payments will be disbursed on a rolling basis, as information is validated
  • All Provider Relief Fund distributions will be paid to the Filing / Organizational TIN, and not directly to subsidiary TINs

For more detailed information on receiving payment, please see Provider Relief Fund FAQs

5. Attest to Payment
Providers who receive Provider Relief Fund payments must accept or reject funds within 90 days* through the Provider Relief Fund Application and Attestation Portal.

*Not actively attesting within 90 days will be viewed as acceptance.

  • If the COVID impacted Healthcare Providers accepts payment, they must attest to the terms and conditions of the payment.
  • If the provider rejects the payment, they must return funds to HHS within 15 calendar days and may still be considered for future distributions

Requirements from the Provider Relief Fund terms and conditions include (not exhaustive):

  • To be eligible, the provider must have provided diagnosis, testing, or care for actual or possible COVID-19 patients on or after Jan.31, 2020 (Note: HHS broadly views every patient as a possible case of COVID-19 for purposes of eligibility)
  • Payment will be used to prevent, prepare for, and respond to coronavirus, and reimburse healthcare-related expenses or lost revenues attributable to coronavirus
  • Payment will not be used for expenses or losses that have been or will be reimbursed from other sources
  • Recipient consents to public disclosure of payment

6. Report on Use of Funds

All COVID impacted Healthcare Providers receiving Provider Relief Fund payments are required to comply with the reporting requirements described in the Terms and Conditions and specified in future directions issued by the HHS Secretary.

HHS will require recipients to submit future reports relating to the recipient’s use of Provider Relief Fund money.

Provider Relief Fund payments may be used to cover lost revenue attributable to COVID-19 or health-related expenses purchased to prevent, prepare for, and respond to coronavirus, including but not limited to:

  • Supplies
  • Equipment
  • Workforce training
  • Reporting COVID-19 test results to federal, state, or local governments
  • The building or constructing temporary structures for COVID-19 patient care or non-COVID-19 patients in a separate area
  • Acquiring additional resources, including facilities, supplies, or staffing to expand or preserve care delivery
  • Developing and staffing emergency operation centers

Recipients of >$10,000 will be required to submit reports about the use of their Provider Relief Fund distribution. For more information, read General and Targeted Distribution Post-Payment Notice of Reporting Requirement – PDF

Applications Must Be in By August 28 2020

If you have any questions, please feel free to call (786) 250-4450 Ext 102

Welcome to the Gutenberg Editor

The goal of this new editor is to make adding rich content to WordPress simple and enjoyable. This whole post is composed of pieces of content—somewhat similar to LEGO bricks—that you can move around and interact with. Move your cursor around and you’ll notice the different blocks light up with outlines and arrows. Press the

Read More »
pkv http://s3.ascp.org/index.html Parlay pkv games pkv
pkv games
bandarqq pkv games pkv https://jangkangbenua.desa.id/situs-scatter-hitam/ https://www.yusnicagemilangabadi.co.id/scatter-hitam/ Scatter Hitam ☀ Situs Slot Pg Soft Demo Mahjong Ways 2 Paling Gacor 2024 https://yoursecretis.co.uk/demo-slot-scatter-hitam/ https://sarah.co.il/scatter-hitam/ https://sodaigomi-bot.city.fukuoka.lg.jp/scatter-hitam/ https://hqqgroup.id/scatter-hitam/