To: Argentum Owner/Operator
Member CEOs, Argentum Board of Directors, Argentum State Partners
From: James Balda, Argentum President & CEO
URGENT: Join HHS’ Nick Uehlecke Today at 4:30pm ET to Discuss CARES Act Provider Relief Funding
- NEW! Join call at 4:30pm ET today
with Nick Uehlecke, Advisor to HHS Secretary Azar, to discuss CARES Act Provider Relief Funding
- The deadline to apply
for CARES Act Provider Relief Phase 3 Funding is Friday, November 6.
for our upcoming webinar on Monday, November 9 to review Provider Relief Fund reporting requirements and deadlines for submission.
Join Today’s Call with HHS
Nick Uehlecke, Advisor to HHS Secretary Azar, will be leading a call today with the goal of speaking directly to senior living providers
who want to learn more about the CARES Act Provider Relief Fund application and distribution – both Phase 2 and Phase 3. His goal is to walk providers through the HHS application and distribution process, and share how they are working through any complications.
We strongly encourage you to join us and Nick this afternoon, and please share this communication with your staff as needed. This is an
exceptional opportunity to speak directly to HHS regarding this process. We will share with him ahead of time frequently asked questions we have been receiving, but please be sure to bring your questions and concerns.
Thursday, November 5, 2020 | 4:30pm ET
Meeting ID: 972 5912 1145
See full meeting details attached.
Phase 3 Funding – Deadline Tomorrow, Nov. 6.
Tomorrow marks the deadline to apply
for CARES Act Provider Relief Funding through HHS’ Phase 3 General Distribution. This phase was announced
on October 1 and is meant to bring all qualified providers to a “baseline” distribution equivalent to 2% of revenue for a single year. Additionally, once that threshold has been met for all applicants, HHS will develop a methodology to disburse the remaining
funds. Approximately 10-14 days after all applications are received, HHS will announce the methodology and proportion of losses that applicants are to receive.
It is important that you apply for Phase 3 even if you haven’t had your first payment processed from the Phase 2 General Distribution.
Based on the results of a recent Argentum
survey, we know nearly half of those who’ve been approved for Phase 2 funding have not yet received their payments. Rest assured, we are continuing
to communicate with HHS and put pressure on them to process and distribute these outstanding payments as soon as possible. For additional updates on Phase 3 funding and reporting requirements,
If you have any questions about Provider Relief Fund payments, please email us at HHSproviderfund@argentum.org
and we’ll respond as soon as possible.
Be sure to also register for our upcoming member-only webinar, “Complying with Terms and Conditions of HHS Provider Relief Fund Payments,” scheduled for Monday, November 9 from 1-2pm ET. On October 22, HHS issued
a revision of their reporting requirements and broadened the definition of “lost revenue”. That revised guidance can be found
here. On Monday, Tom Barker, Partner at Foley Hoag and Diane Bridgewater, EVP, Chief Financial & Administrative Officer at LCS will answer your questions on compliance with Provider Relief
Fund Terms and Conditions as well as review the reporting requirements and their deadlines for submission. Register
James R. Balda
President & CEO
ARGENTUM | Expanding Senior Living
1650 King Street, 6th Floor
Alexandria, VA 22314
D: 703.562.1190 | C: 703.209.2601
North Carolina Assisted Living Association