July 22, 2020 UPDATE! You Have Until Aug. 3rd to Apply for Funding In June, the Department of Health and Human Services announced a third wave of available funding for Medicaid and CHIP participating providers. These funds were created to provide financial relief for pediatricians, obstetrician-gynecologists, dentists, opioid treatment and behavioral health providers, assisted living facilities and other home and community-based services providers serving Medicaid and CHIP beneficiaries. WHAT’S NEW HHS has extended the deadline for eligible Medicaid and CHIP providers to submit their application to Monday, August 3rd. If you would like more information about the Medicaid and CHIP distribution, please visit HHS’ Cares Act Provider Relief Fund page, click here. Dental Provider Distribution Earlier this month HHS announced funding for dental providers who may not bill Medicare or Medicaid. HHS has developed a curated list of dental practice TIN’s from third party sources and HHS datasets. Providers with TINs on the curated list must meet other eligibility requirements including operating in good standing and not be excluded from receiving federal payments. There has been conflicting information regarding the application due date for non-participating dental providers. If you are interested in applying for the dental provider distribution, we recommend submitting your application by 7/24. For more information about the dental distribution please click here. OTHER CONSIDERATIONS To apply for the Medicaid, CHIP and Dental Relief Programs please visit the Enhanced Provider Portal at https://cares.linkhealth.com/#/ If you are a Medicaid provider and received funds from the General Distribution, we urge you to discuss and review your options. There is information within the attestation portal (found at: https://covid19.linkhealth.com/#/step/1) which gives applicants the opportunity to reject/return received funds and retract your attestation by calling the provider support line at (866) 569-3522; for TTY dial 711. HOW CAN WE HELP? Please feel free to pass along to colleagues who may be interested. We are monitoring this matter very closely. As always, if you have any immediate questions about how these new funds will impact your practice, please contact your current KatzAbosch representative or your other advisors. About KatzAbosch: Founded in 1969, KatzAbosch is one of the largest CPA and business consulting services in the Mid-Atlantic region. As an accounting firm, our mission is to provide the highest quality accounting, tax, financial and management consulting services to our regional clients. We understand the needs and challenges of our clients and we have made it our obligation to create, grow and protect asset value. KatzAbosch is consistently named a Best Accounting Firm to Work For in Accounting Today and has been named a Top 200 Accounting Firms in the Nation by Inside Public Accounting. Our firm is also ranked among the Top 15 Largest Accounting Firms in the Baltimore Area by the Baltimore Business Journal and a Top Workplace four times by The Baltimore Sun.