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CARES Act Provider Relief Fund For Providers Phase 2

The US Department of Health and Human Services announced an extension of Phase 2 funding for the CARES Act through September 13, 2020. Under Phase 2, Medicaid and Children’s Health Insurance Program (CHIP) providers were allowed to apply for funding if they met specific criteria.

It is important to note that Act 24 of 2020 requires these funds to be expended by November 30, 2020 or returned to the Commonwealth. Additionally, these funds must be used for COVID-19 related expenses. Providers must keep documentation to prove that these funds were used for their response to the COVID-19 pandemic in case of an audit. Providers will be expected to provide a report on expenditures. Instructions on expenditure reporting will be provided in the future. Providers are advised to review guidance for eligible expenses on the US Department of Treasury website: Guidance. Here is a link to the updated FAQs; you can find the reference under Phase 2 – TIN Validation.