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HHS defines formula for providers to determine their “fair share” of $50B fund

May 5, 2020

HHS has updated the attestation portal to provide the formula for providers trying to determine the amount of relief they can expect to receive from the $50 Billion Provider Relief Fund.

HHS updated the attestation portal to include the following statement:

HHS plans to make publicly available the names of payment recipients and the amounts received, for all providers who attest to receipt of payment and acceptance of the Terms and Conditions. You should only attest if you believe the payment you received is consistent with your estimated allocation. To calculate your estimated total allocation, divide your "Gross Receipts or Sales" or "Program Service Revenue" by 2.5 trillion and then multiply by 50 billion. ((Gross Receipts or Sales) / 2,500,000,000,000) * 50,000,000,000
To estimate the amount likely to be received via this portal application, subtract the amount of payments already received from your total estimated total allocation above.

Please do not attest if the payments you have received already exceed your estimated total allocation. Please contact the CARES Provider Relief hotline at (866) 569-3522 if you believe that you have received an overpayment.

These instructions are too late for many providers who have already completed their attestations during the past two weeks since the portal opened. It is anticipated that United Healthcare, the contractor administering the Provider Relief Fund for HHS, will send letters to providers who have been overpaid according to the formula requesting a refund.

The portal can be accessed here: https://covid19.linkhealth.com/#/step/1

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