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:
- Did not receive payment from the initial $50 billion Medicare-focused General Distribution.
- Did not receive payment from the $15 billion Medicaid and CHIP Distribution.
- 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.
- Did provide patient dental care after January 31, 2020.
- Did not permanently cease providing patient dental care directly—or indirectly through included subsidiaries.
- 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.