April 7, 2022 HRSA has just published an announcement to help medical practices who did not file their PRF reporting by the deadline of 11/30/21. According to the announcement, HRSA will allow a small window of time for practices to request to report late for reporting period 1 due to extenuating circumstances. Providers will be able to submit a request to allow them to submit their information late to avoid having to return PRF funds received. Many practices have received Demand Letters from HRSA asking them to return the PRF money within 30 days from the date on the letter of request. The period to request the ability for your practice to report late for Period 1 monies will begin on Monday April 11, 2022 to Friday, April 22, 2022. The request forms will be available starting Monday April 11, 2022 on the HRSA website. This request period is short, 10 business days so your attention to this is time-sensitive. Qualifying extenuating circumstances include: Severe illness or death – a severe medical condition or death of a provider or key staff member responsible for reporting hindered the organization’s ability to complete the report during the Reporting Period. Impacted by natural disaster – a natural disaster occurred during or in close proximity of the end of the Reporting Period damaging the organization’s records or information technology. Lack of receipt of reporting communications – an incorrect email or mailing address on file with HRSA prevented the organization from receiving instructions prior to the Reporting Period deadline. Failure to click “Submit” – the organization registered and prepared a report in the PRF Reporting Portal, but failed to take the final step to click “Submit” prior to the deadline. Internal miscommunication or error – internal miscommunication or error regarding the individual who was authorized and expected to submit the report on behalf of the organization and/or the registered point of contact in the PRF Reporting Portal. Incomplete Targeted Distribution payments – the organization’s parent entity completed all General Distribution payments, but a Targeted Distribution(s) was not reported on by the subsidiary. Approved providers will receive a notification to proceed with completing the report. Providers will have 10 days from the date the notification is received to submit a report in the PRF Reporting Portal. KatzAbosch recommends that once you apply for the extension you immediately begin to gather your information to report. You will need 10 quarters of information for the period 1/1/2019 to 6/30/21. The form completion is cumbersome and will require you to gather your information quickly. HOW KATZABOSCH CAN HELP: KatzAbosch is available to support your medical practice with this matter. You can contact your Katzabosch representative or click here to have a KatzAbosch Medical Management Practice Consultant discuss your practice’s situation. Learn More About Our Comprehensive Medical Practice Consulting Services Medical Practice Consulting Services. 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.