Phase 2 Provider Relief Fund reporting deadline is March 31

Dentists who received funds during the second phase of the Provider Relief Fund have until 11:59 p.m. ET March 31 to submit a report on the use of those funds in the  Provider Relief Fund Reporting Portal.

Phase 2 reporting will require any dentist who received one or more payments totaling greater than $10,000 in the aggregate from the Provider Relief Fund between July 1-Dec. 31, 2020, to submit reports.

The Provider Relief Fund was established by the Coronavirus Aid, Relief and Economic Security Act in 2020 and allowed dental providers to apply for payments made for health care-related expenses or lost revenue attributable to the COVID-19 pandemic.

In order to submit reports, providers must first register in the PRF Reporting Portal, according to the Health Resources and Services Administration. After submitting their report, providers must return any unused funds from Phase 2 within 30 days after the end of the second reporting period. For more information on returning all or a portion of payments via automatic transfer or check, visit the PRF Reporting Portal or refer to the Returning Funds Fact Sheet.

Providers who "fail to submit a completed report by the deadline will be subject to further enforcement actions such as repayment or exclusion from receiving and/or retaining future PRF payments," wrote HRSA in a March 11 email to stakeholders. Grace periods or extensions will not be granted. The ADA recommends consultation with your financial advisor or accountant prior to submitting reports.

To assist providers with submitting reports,  HRSA will be holding a webinar on March 22 at 3 p.m. ET. Register here.

For additional information, please see several official resources for providers:
- A HRSA Reporting Non-Compliance Fact Sheet.
- A HRSA FAQ.
- HRSA Reporting Instructions for new reporting entities.
- Academy of Dental CPAs website.