Nursing Homes Will Have to Wait Longer for Phase 4 PRF Disbursements

Skilled nursing facilities may not receive their much-needed Phase 4 disbursement of Provider Relief Funds (PRF) until the new year, with disbursements delayed through January, the Health Resources and Services Administration (HRSA) said. Originally, skilled nursing operators expected to receive Phase 4 payments between mid-November and mid-December — and that timeframe has shifted to include […]

PRF M&A Reporting Won’t Have ‘Chilling Effect’ on SNF Dealmaking

When the federal government announced the availability of $25.5 billion in COVID-19 relief funding earlier this month, it specifically noted that Provider Relief Funds should not be used for M&A activity. “To help ensure that these provider relief funds are used for patient care, PRF recipients will be required to notify the HHS Secretary of […]