During the COVID-19 crisis, cash flow had been anything but typical for providers. It was more important than ever to plan carefully how to use and manage your organization’s dollars.
Managing Your HHS Relief Funds
Whether you received funds from the general HHS distributions to Medicare providers or Medicaid, dental and CHIP providers and/or were a recipient of the targeted distributions to high-impact, rural, skilled nursing, Indian Health Service or safety net hospital sectors, there are several areas that require your attention when spending CARES Act relief funds.
This session covered the use of these funds and the reporting requirements. Single Audit requirements were also be discussed. And an approach to cash management and planning was outlined.