News & Analysis as of

Audits Reporting Requirements Coronavirus/COVID-19

King & Spalding

OIG Audit of Provider Relief Fund Payments to Hospitals Finds Substantial Noncompliance with Federal Requirements

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On June 13, 2025, OIG announced the results of an audit it conducted of 30 hospitals that received provider relief fund (PRF) payments during COVID-19 (the Audit). OIG found that 11 of the 30 audited hospitals failed to...more

Ankura

Financial Reporting Council’s Annual Review of Corporate Governance Reporting: Continued Progress, but Room to Improve

Ankura on

We are experiencing a period of financial turmoil not seen for decades. At the risk of stating the obvious, the intense damage inflicted on government coffers by responding to a pandemic, coupled with the fallout from the...more

BakerHostetler

[Podcast] The CARES Act Provider Relief Fund: A Moving Target

BakerHostetler on

Partner Jessica Captain Novick shares insights on the CARES Act Provider Relief Fund and what providers need to know for the requirements for general distribution funds, the relevant terms and conditions, reporting...more

Chambliss, Bahner & Stophel, P.C.

On the Horizon for 2021 — Paycheck Protection Program and Provider Relief Fund Reporting Requirements and Audits

If your radiology practice received payments from the U.S. Department of Health and Human Services (HHS) Provider Relief Fund (PRF) or a loan under the Paycheck Protection Program (PPP) in 2020, you are likely aware of the...more

Harris Beach Murtha PLLC

NYS Attorney General Report on Underreported Nursing Home Deaths Underscores Importance of Compliance and Preparation

Late last week New York Attorney General Letitia James released a report that found the state Department of Health underreported COVID-19 deaths of nursing home residents by as much as 50 percent. The report – generated...more

Goodwin

SEC Adopts Rule Providing New Regulatory Framework For Fund-Of-Funds

Goodwin on

In the News. The Securities and Exchange Commission (SEC) announced that it adopted Rule 12d1-4 under the Investment Company Act of 1940 (the 1940 Act), providing a new regulatory framework for fund-of-funds and final...more

Sheppard Mullin Richter & Hampton LLP

Department of Health and Human Services Releases New Provider Relief Fund FAQs: Reporting, Single Audits and What You Can Do Now

On September 19, 2020, the Health Resources and Services Administration (“HRSA”) of the Department of Health and Human Services (“HHS”) issued guidance (“September Guidance”) regarding the post-payment reporting requirements...more

American Conference Institute (ACI)

[Webinar] Virtual Conference on DCAA & DCMA Cost, Pricing, Compliance & Audits - August 25th - 26th, 9:00 am - 5:30 pm EDT

From the comfort of your own home office, join us at ACI's virtual Annual Advanced Forum on DCAA & DCMA Cost, Pricing, Compliance & Audits taking place on August 25-26, 2020 which addresses the latest developments on business...more

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