Marti Arvin (email@example.com) is Executive Advisor at Cynergistek in Austin, TX.
This is the first column in a series written by Marti Arvin about compliance issues related to the CARES Act.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided needed pandemic financial relief for healthcare organizations. Entities receiving funding under the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act have certain reporting obligations related to the use of those funds that started February 15, 2021. In its post-payment notice of reporting requirements, issued January 15, 2021, the Department of Health & Human Services outlined methods for reporting on the use of the funds issued under CRRSA. The amount of funds received ties to the level of reporting detail required.