Dentists Get Access to HHS Relief Funds

The U.S. Department of Health and Human Services (HHS) has made available and provided guidance for provider relief funds for dentists. The guidance and accompanying FAQs on how to apply for the funds were released July 7 and 10 respectively. Dental practices had previously been excluded from access to HHS relief funds. The deadline for applying is July 24.

A provider is eligible if they meet all six of the following requirements:

  1. Did not receive payment from the initial $50 billion Medicare-focused General Distribution.
  2. Did not receive payment from the $15 billion Medicaid and CHIP Distribution.
  3. Did either file a federal income tax return for fiscal years 2017, 2018 or 2019, or is exempt from filing and has no beneficial owner who is required to file—for example, a state-owned hospital or healthcare clinic.
  4. Did provide patient dental care after January 31, 2020.
  5. Did not permanently cease providing patient dental care directly—or indirectly through included subsidiaries.
  6. If the applicant is an individual, he or she has gross receipts or sales from providing patient dental care reported on IRS Form 1040, Schedule C, Line 1, excluding income reported on a W-2 as a statutory employee.

Providers who wish to apply for the funds will need their 2019 or most recently filed practice federal tax return, their Q1 2020 Form 941 payroll tax return, and the HHS-provided full-time equivalent worksheet. Go the HHS website and click on "Apply for Funding" under the “Enhanced Provider Relief Fund Payment Portal.” 

We encourage you to contact HBK Healthcare Solutions with any questions.

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About the Author(s)
Michael DeLuca is a Principal in the Southwest Florida offices of HBK CPAs & Consultants, and Director of the HBK Healthcare Solutions Group. He is experienced in navigating the strategic and financial matters associated with healthcare practices and works closely with specialty providers to help them plan and meet their short- and long-term financial goals.
Hill, Barth & King LLC has prepared this material for informational purposes only. Any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or under any state or local tax law or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Please do not hesitate to contact us if you have any questions regarding the matter.