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Reporting the use of PRFs will be an ongoing issue due to the fraud and abuse implications of misusing PRFs. The federal Provider Relief Fund (PRF) was created under the provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was passed to address the economic harm suffered…
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There are COVID-19 hot spots and now there are potential covid audit hot spots. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted on March 27, 2020. Through the CARES Act and subsequent legislation, hundreds of billions of dollars have been allocated for healthcare providers, including under the…
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By now we’ve all heard the words “anyone who wants a COVID test can have one.” Occasionally, that claim is followed by the word “free,” or “no copay or deductible.” Such statements make great news and sound bites, but it leaves people like me wondering: where’s the catch? Accepting a…
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More money to offset the impact of COVID-19. EDITOR’S NOTE: During recent weeks, the Centers for Medicare & Medicaid Services (CMS) has been announcing revisions to its regulatory requirements on a near-daily basis to ease administrative and logistical burdens on providers amid the ongoing COVID-19 pandemic. As such, articles published…
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Officials have begun distributing the initial $100 billion in the form of general and targeted allocations. The Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted on March 27, 2020 to provide $100 billion to hospitals and healthcare providers struggling due to the outbreak of COVID-19. On April 24,…
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The CARES Act is designed to help hospitals and physician practices. EDITOR’S NOTE: This is a developing story subject to change. The President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on Friday, March 27, formalizing a piece of legislation meant to support and stimulate the economy in…