UPDATE - HHS Provider Relief Application Deadline - Aug. 3rd

Written by SVA Certified Public Accountants | Jul 15, 2020 6:12:45 PM

 

UPDATE 7/20/20 - The deadline to submit an application for the HHS Provider Relief Fund has been moved to August 3, 2020.

 

The U.S. Department of Health and Human Services announced that dentists, many of which were previously ineligible to participate in the HHS Provider Relief Fund, can now apply to receive funding. Eligible dentists will receive a grant equal to 2% of their 2019 reported patient revenue.

To be eligible to apply, a dental provider must meet all of the following requirements:

  • Must not have received payment from the initial $50 billion Medicare-focused general distribution.
  • Must not have received payment from the $15 billion Medicaid and Children's Health Insurance Program distribution.
  • Must have filed a federal income tax return for fiscal years 2017, 2018, or 2019 or be an entity exempt from the requirement to file a federal income tax return and have no beneficial owner that is required to file a federal income tax return (for example, a state-owned hospital or healthcare clinic).
  • Must have provided patient dental care after January 31st.
  • Must not have permanently ceased providing patient dental care directly or indirectly through included subsidiaries. However, dental offices that shut down during the pandemic are eligible.
  • If the applicant is an individual, have gross receipts or sales from providing patient dental care reported on Form 1040, Schedule C, Line 1, excluding income reported on a W-2 as a statutory employee.

Providers must meet other eligibility requirements, including operating in good standing and not being excluded from receiving federal payments. In addition, it is anticipated that a future attestation will be required related to the use of the funds.

Dentists have until the deadline of August 3, 2020 to apply for this funding through the Enhanced Provider Relief Fund Payment Portal.

If you have questions, please contact your SVA professional.