CCBJ Publishes McGuireWoods Article on Provider Relief Fund Provisions

Update (June 21, 2021): Healthcare providers receiving Provider Relief Fund payments will have to report to the government on using such payments before certain newly announced spending deadlines. The first spending deadline is June 30, 2021, with a 90-day reporting period beginning July 1, 2021, to report on funds received in the first half of 2020. For the most recent updates on future deadlines and further guidance on Provider Relief Fund reporting, visit our Provider Relief Fund reporting page.

On Jan. 4, 2021, Corporate Counsel Business Journal published an article by McGuireWoods Consulting senior vice president Stephanie Kennan and McGuireWoods healthcare associates Timothy Fry and Erica Jewell detailing the Provider Relief Fund provisions of the Consolidated Appropriations Act, 2021.

The article summarizes changes to the definition of “lost revenue,” new flexibility for utilizing relief fund payments, $3 billion in additional appropriations and a new successor general distribution phase for eligible healthcare providers.

The article was first published on the firm’s website as a McGuireWoods legal alert titled “New Spending Package Includes Provider Relief Fund Reporting Changes and More Funding.”