December 21, 2020
Area(s) of Interest: Payor Issues and Reimbursement
The U.S. Department of Health and Human Services (HHS) posted a recent update to its Provider Relief Fund frequently asked questions (FAQ) with important tax information for physicians.
According to HHS, 1099 forms will be sent to physicians who received a payment in excess of $600 during the 2020 calendar year, from either the Provider Relief Fund or the COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing, Treatment, and Vaccine Administration for the Uninsured.
These forms will be mailed by January 31, 2021; however, a mailed copy will not be sent if physicians have previously established an account with UnitedHealth Group and elected to receive electronic copies of documents and notices.
Click here to see FAQs specific to the 1099s or here to see HHS’ full Provider Relief Fund FAQ.