HRSA Announces an Additional Round of Grants for Healthcare Providers

The Health Resources and Services Administration has recently announced an additional round of funding for medical and dental practices. These payments would be in addition to rounds one, two, and three of the provider relief fund payments issued to many of our clients last year.   Applications for the additional funding will open on September 29, 2021.

 Who should apply -

·    Anyone who is a Medicaid provider. This is especially true if you practice in a rural area. The department of HRSA has set aside $8.5 billion of rescue grants specifically for practices in rural areas. You can easily find out if your practice qualifies by entering your address here.

·    Anyone who experienced lost revenues or increased expenses due to the COVID-19 pandemic between July 1, 2020, and March 31, 2021. Many of our clients were reopened and back to full operations during that time, but practices on either coast may have experienced practice disruptions and closures during that period that cut revenues or increased costs.

We are unsure of how the HRSA is defining “lost revenues or increased expenses” at this time but hope to learn more when the application period opens, and we can get a look at applications.  If you are interested in applying, we suggest you gather your financial statements for July 1, 2020, to year-end 2020 and for January 1, 2021 to March 31, 2021. 

You can find out more about the fourth round of relief payments here.