Providers, government agencies leveraging deep healthcare strategy, federal disaster funding, and policy expertise in efforts to obtain and substantiate federal funding use.
Guidehouse has helped:
Health systems and state and local government entities continue to endure unprecedented challenges in obtaining the resources needed to care for their communities during the COVID-19 pandemic. To help providers and government agencies manage through the prolonged pandemic, the federal government has made available several funding streams to reimburse hospitals for their evolving pandemic-related costs and revenue loss, as well as provide critical funding to state and local government entities for their COVID-19 needs.
The first Provider Relief Fund (PRF) and Coronavirus Relief Funds (CRF) were followed by an evolving stream of federal guidance touching every aspect of funding access, use, and reporting. Frequent and sometimes daily changes in federal guidance from agencies with overlapping interests made the complex regulatory environment even more challenging.
Given the multitude of funding, the coordination of benefits across all relief sources is critical in identifying applicable funding sources based on eligibility criteria, avoiding duplication of benefits, and tracking application status, receipt of funds, and days to repayment. Both the Department of Health and Human Services (HHS) and Treasury require their respective relief fund recipients to fully comply with all the terms and conditions of their specific allocation of funds or face recoupment of some or all payments.
All relief fund recipients are subject to review and audit by the federal Office of Inspector General (OIG) to verify compliance with the various terms and conditions. In addition to this OIG review, the funding is subject to the single-audit requirements of the federal Uniform Guidance.
Uniquely qualified to help providers and government agencies understand and apply evolving guidance, Guidehouse provides advisory support as providers and agencies seek to obtain, substantiate, and report federal COVID-19 aid. As current and future COVID-19 aid is distributed to hospitals and governments, funding and reporting coordination—tracking and documenting funds distribution across all grants, loans, and other sources—is essential.
Guidehouse is working with organizations across several areas, including:
To date, Guidehouse has helped 350 hospitals and health systems and more than 20 state and local government entities obtain and substantiate more than $10 billion in federal COVID-19 aid:
Guidehouse continues to work with FEMA, the Centers for Medicare & Medicaid Services, HHS, state emergency management leaders, governors, legislators, and more to help shape interpretations and responses, and best position clients for success. This includes assisting with policy research aimed at enabling states and providers to develop a more precise and stable response to future disasters that impact the healthcare delivery network.
Further, Guidehouse is helping organizations better understand funding opportunities as the Biden administration implements its COVID-19 economic response legislation, the $1.9 trillion American Rescue Plan. The legislation, which was passed by Congress and signed by the President in March 2021, provides $350 billion in new aid to states and localities, $8.5 billion in new PRF funding for rural hospitals, and more than $70 billion for vaccines, testing, contact tracing, and mitigation efforts, among other measures.
Learn more about how we’re helping organizations thrive during the pandemic and beyond.
Tracking and reporting on COVID-19 response efforts across our health system presented us with numerous challenges, from developing new techniques around time and effort tracking to conducting departmental interviews to find hidden reimbursement-eligible costs. With the Guidehouse team’s experience, project management skills, and access to subject matter experts, we have been able to meet these challenges with confidence.”
— Michael Knoll, CPA, MBA, Corporate Controller, Southcoast Health