NARHC Forum
Back to all Groups | Back to Topic |
6/29/2021 @ 7:34:00 AM
Post 1 of 6
Contributor: Nagaratna Reddy, Reddy Family Medical Clinic Donaldsonville
If we have hired two new providers and income is same from the year before how do you justify loss of income? Can we divide the total income by number of providers for both years and show the loss as when you have added new providers it should be more but the total income is is around the same. Please clarify Thank you 6/29/2021 @ 9:42:00 AM
Post 2 of 6
Contributor: Nathan Baugh, National Association of Rural Health Clinics
Hello Nagaratna, Lost Revenues Reimbursement
I don't think you can estimate revenue per clinician to show a loss but perhaps someone else has a different take on that approach... Does your RHC have any unreimbursed expenses that you could use the funding for first? 6/30/2021 @ 10:31:00 AM
Post 3 of 6
Contributor: Tim Wolters, Citizens Memorial Healthcare RHCs
Some of the early HHS guidance referred to bottom-line income, but now the lost revenue discussion all focuses on top-line revenue. If you added 2 new providers and have a 2020 budget that showed expectation for more revenue, but you didn't hit that budget, that should justify lost revenue treatment under the Provider Relief Fund (Option 2 under Nathan's post). If you didn't have a budget, you'd have to try Option 3, "any reasonable method" of estimating lost revenues. So, if you have $2.5 million in revenue for 2019, with 5 providers, that's $500,000 in revenue generated per provider. If you increased to 7 providers in 2020, you could assume you should generate $3.5 million in revenue using the $500,000 average. If you only generated $2.9 million because of COVID suppressing the volume you generated, you could argue under Option 3 that's $600,000 of lost revenue. No guarantee HHS will buy it, but could be worth a shot. As Nathan notes, HHS wants you to document your unreimbursed expenses first.
Tim Wolters Director of Reimbursement Citizens Memorial Hospital 1500 North Oakland Bolivar, MO 65613 tim.wolters@citizensmemorial.com Phone 417-328-7286 Fax 417-328-6242 [logo] The information contained in this e-mail, including any attachments, is legally privileged and confidential. If you are not the intended recipient, you are hereby notified that any use or dissemination of this message is strictly prohibited. If you have received this message in error, please immediately notify us by telephone 417-328-6768 and delete this message from your system. Even though this e-mail and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free, and no responsibility is accepted by Citizens Memorial Hospital for any loss or damage arising in any way from its use. 6/30/2021 @ 11:23:00 AM
Post 4 of 6
Contributor: Nagaratna Reddy, Reddy Family Medical Clinic Donaldsonville
 Thank you so much. It makes senseIn a message dated 6/30/2021 9:31:59 AM Central Standard Time, narhc-news@forum.narhc.org writes:Â
7/1/2021 @ 10:09:00 AM
Post 5 of 6
Contributor: Nathan Baugh, National Association of Rural Health Clinics
Just wanted to point out that the Provider Relief Fund reporting portal is now open and the PRF Reporting and Auditing page has new resources posted to explain the reporting process: https://www.hhs.gov/coronavirus/cares-act-provider-relief-fund/reporting-auditing/index.html 7/1/2021 @ 10:11:00 AM
Post 6 of 6
Contributor: Anna Bennett, Baptist Health RHCs
I am on PTO. If you need assistance, please contact Monica Kramolis at monica.kramolis@baptist-health.org, 501-887-3511 or 501-206-4613. -- Thank you! Anna Bennett, CRHCP Clinic Manager BH HS RHC Network 501-887-3510 o 501-691-3766 c 501-887-3515 f ------------------------------  IMPORTANT DISCLAIMER NOTICE  -----------------------------  The information, both of the message and any attachments, contained in this message is intended only for the use of the individual or entity to which it is addressed. This message may contain information that is privileged, confidential, and exempt from disclosure under applicable law.  If the reader of this message is not the intended recipient or an agent responsible for delivering it to an intended recipient, or has received this message in error, you are hereby notified that we do not consent to any reading, dissemination, distribution or copying of this message and any such actions are strictly prohibited. If you have received this message in error, please notify the sender immediately and destroy the transmitted information.
|