Over the past month, the Federal and certain State governments have paid out hundreds of billions of dollars to health care providers because of the COVID-19 virus. This money was paid out to support the providers for their lost revenue and additional expenses that they have experienced in conjunction with the pandemic.
Federal requirements have been communicated mandating that every provider who received over $150K attest that they received the money and provide auditable support of the actual lost revenue and additional expenses incurred. The follow up reporting will be done quarterly going forward.
The Rybar Group has many years of experience working will a variety of Federal government programs supporting provider payments. We have a high level of expertise in identifying those circumstances and activities within your organizations that merit the payments and can oversee and assist you in preparing the documentation and calculations to support the lost revenue and additional expenses.
Contact us today to learn more about how we can help: