HRSA Updates (and Pushes Back) Release of Phase 4 Relief Funds
The Health Resources and Services Administration (“HRSA”) recently posted an updated timeframe for disbursement of Phase 4 Provider Relief Funding (“Funding”). HRSA previously expected to begin disbursing Funding in mid-December 2021, but it is now stating release will generally occur in December 2021. The now-closed Provider Relief Fund application portal was also updated to reflect disbursement in 2021 or as late as January 2022. This news comes as many providers already believed the mid-December date was later than desired. Providers that applied for Funding should continue to check HRSA’s Provider Relief Fund website for updated news and timeframes.
For more information, please contact Hedy S. Rubinger or Alexander B. Foster.
The Arnall Golden Gregory Change of Ownership (CHOW) team leads all regulatory aspects of healthcare transactions for investors, operators, managers, capital partners, and developers of every size in all 50 states. The team streamlines the regulatory process so that clients close their transactions on or ahead of schedule. Whether obtaining licensure and Medicare/Medicaid approvals, structuring transactions to expedite closings, anticipating issues to minimize cash flow disruption, negotiating regulatory terms in deal documents, creatively resolving diligence issues, or advising on CHOW guidelines and compliance, the team provides extensive experience and practical solutions. To date, the CHOW team has served as primary regulatory counsel in transactions valued at more than $25 billion.
- Hedy Silver Rubinger
- Alexander B. Foster