Act Now: Deadline to Apply for Provider Relief Funds is THIS Friday, November 6

Act Now: Deadline to Apply for Provider Relief Funds is THIS Friday, November 6

As a reminder, on October 1, HHS announced the next phase of funding from the Provider Relief Fund (PRF), for which assisted living providers are eligible. The Phase 3 distribution is meant to bring all qualified providers to a “baseline” distribution equivalent to 2% of revenue for a single year. Once that threshold has been met for all applicants, HHS will develop a methodology to disburse the remaining funds. The goal of the methodology is to distribute the remaining dollars in a proportionate manner based on revenue losses and increased expenses due to COVID-19. Applications for the Phase 3 disbursement are due no later than November 6 at 11:59 p.m. ET. Approximately 10-14 days after all applications are received, HHS will announce the methodology and proportion of losses that applicants are to receive.

Please note: It is important that you apply for Phase 3 even if you haven’t had your first payment processed from the Phase 2 General Distribution. You do not have to wait until your Phase 2 application is processed or funds are received before you can apply for the next round of funding. We strongly urge you to complete your application before the November 6 deadline to ensure that you will be eligible to receive this round of funding. You can read more here about the Phase 3 distribution and how to apply. There is a hotline number available (877-620-6194) for providers who may have questions about TIN verification or PRF applications.