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Gain confidence with BerryDunn
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Provider Relief Funds: Highlights
The Health Resources and Services Administration (HRSA) opened the Provider Relief Funds (PRF) portal on July 1, 2021, for Phase 1 PRF reporting. In Phase 1, providers will be reporting on the use of PRF received prior to June 30, 2020. While Phase 1 reporting was originally due September 30, 2021, HRSA has provided a 60-day grace period, and providers now have until November 30, 2021 to submit. Here is the latest and a link to the portal.
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CARES Act: Eligibility for employee retention credits
Are you familiar with the IRS’ recent additional, taxpayer-friendly guidance that provides some clarity in claiming the employee retention credit (ERC)? The ERC is a refundable payroll tax credit for wages paid and health coverage provided by an employer whose operations were either fully or partially suspended due to COVID-related governmental order or that experienced a significant reduction in gross receipts. Here are things to now about eligibility and timing for filing for the credit.
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2022 Medicare final and proposed payment rules
In case you missed our recent posts, check out the following links summarizing what you need to know about the proposed rules!
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Auditor's report redesigned for better communication
SAS 134 brings a new design to the auditor’s report accompanying your audited financials for periods ending on or after December 31, 2021. The new standard significantly changes the layout of the report and content and permits communication of key audit matters. We have the details and a sample auditor report to review.
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Outsourced accounting solutions: Expertise and efficiency
From short-term assignments or long-term engagements, our outsourced accounting team can help you improve efficiency and build stronger financial systems. We can help your team improve performance with accounting best practices, tailored to your needs.
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Welcoming two new team members
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Nicola Church
Nicola brings over 10 years of cost report experience, both as an auditor for Medicare Administrative Contractors and as a Manager of Reimbursement for a health system. Knowledgeable in the preparation and review of Medicare, Medicaid, and TRICARE cost reports, Nicola also has deep experience in project management.
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Brittney Brinker
Brittney is a seasoned revenue cycle professional and patient access subject matter expert with deep experience leading patient access projects for many healthcare agencies and organizations. Her work has included leading patient access transformations, process improvement projects, and technology implementations and optimizations.
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