PRF Reporting and Demand Letters for Repayment of Funds March 25, 2022The Health Resources and Services Administration (HRSA) is expected to announce an appeal opportunity for providers who are out of compliance with the PRF Terms and Conditions for due to missing the filing limit for Reportign Period 1, due 9/30/21, with an extension to 11/30/21. This reporting requirement affected practices who received HHS Stimulus money of $10,000 or more during the period 4/10/20 – 6/30/20.Demand letters have been sent to medical providers who received more than $10,000 and who did not file their report. These demand letters requested providers return the money received within 30 days of the date on the letter.In speaking with the HRSA office today, they have informed us that they are reevaluating, including possibly offering an appeal process. They are advising providers to hold on returning the money requested and to check the HRSA website frequently for update releases. 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 MBa Consultant discuss your practice’s situation.Learn More About Our Comprehensive 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.