更新: The application deadline for Medicaid, CHIP, 和 dentists has been extended to August 28, 2020. When this was originally posted the application deadline date was July 24, 2020
A New Decision Made
On July 10, 2020, The U.S. Department of Health 和 Human 服务 (HHS) announced that they have created new qualifications to allow all dentists 应用 to the Provider Relief Fund. 以前, it m和ated that dentists were ineligible for the relief if they were not Medicare or Medicaid providers.
This new decision allows any dentists 应用, 和 if eligible, will receive a reimbursement of 2% of their annual reported patient revenue, 和 it is not necessary to be a Medicare or Medicaid provider. As quickly as this announcement has come, so is the deadline for filing, dentists have until August 3, 2020, 应用.
Applications 和 Requirements
To be eligible 应用, according to the American 牙科 Association website (ADA), a dentist must meet all of the following requirements:
- Must not have received payment from the initial $50 billion Medicare-focused general distribution.
- Must not have received payment from the $15 billion Medicaid 和 Children’s Health Insurance Program (CHIP) distribution.
- Must have filed a federal income tax return for fiscal years 2017, 2018 or 2019 or be an entity exempt from the requirement to file a federal income tax return 和 have no beneficial owner that is required to file a federal income tax return (for example, a state-owned hospital or health care clinic).
- Must have provided patient dental care after Jan. 31.
- Must not have permanently ceased providing patient dental care directly or indirectly through included subsidiaries. However, dental offices that shut down during the p和emic are eligible.
- If the applicant is an individual, have gross receipts or sales from providing patient dental care reported on Form 1040, 安排C, 1号线, excluding income reported on a W-2 as a statutory employee.
The application is available online 和 can be completed any time between now 和 August 3, 2020. The following items are needed to complete the application:
- Most recent federal income tax return
- Federal Form 941 for the quarter ending 3/31/2020, or the 2019 Federal Form 941
- Full-time employee (FTE) worksheet 和 Gross Revenue worksheet
With completing the application, there is an agreement of the terms 和 conditions which includes a payment within 90 days of receipt 和 that the money cannot be used for the exact expenses as money received from the Paycheck Protection Program (PPP).
最后, information on who received the relief 和 what their practice grosses in a year will be made public. If there are any additional questions, a list of FAQs for dentists is listed on the HHS website.
Our dental team at 意图 & 比较靠谱的赌博软件 is also available to answer any questions you may have or even help you complete the application. 联系 us today so you don’t miss out on this opportunity for your dental practice.
联系 Alan Hill, CPA, Director of 牙科 服务
Additional Resources
(博客) CARES Act Features Opportunities For 医疗保健 Organizations
[RESOURCE CENTER] Paycheck Protection Program
[ON-DEMAND WEBINAR] Paycheck Protection Program: The Final Chapter