The Financial Recovery Program (FRP) provides financial assistance to independent medical practices in North Carolina with demonstrated financial needs related to COVID-19. To be eligible to apply for assistance, each practice must certify that they satisfy the following criteria listed here:
The Financial Recovery Program (FRP) provides financial assistance to independent medical practices in North Carolina with demonstrated financial needs related to COVID-19. To be eligible to apply for assistance, each practice must certify that they satisfy the following qualifying criteria:
Qualifying applicants will be provided a one-time grant of a specified amount disclosed to each grantee at the time they are approved for assistance from the FRP. Financial assistance through the FRP is provided on a first come, first serve basis to qualifying applicants to the extent the FRP has capacity to provide assistance. The FRP reserves the right to request additional information to verify compliance with eligibility criteria. Failure to provide requested information and/or supplemental documentation may result in denial of the application. Submitted applications will be evaluated using a scoring algorithm based upon established criteria. Applicants should ensure accurate data are provided throughout the application process. Inaccurate data will impact evaluation. The submission of an application does not guarantee a grant will be awarded. All applications and submitted supplemental documentation will be treated confidentially. No applications or identifying data contained therein will be made public prior to, during, or after the selection process. However, grantees may be made public following an award of funding, and information related to grantees may be disclosed to the North Carolina Office of State Budget and Management (OSBM) as necessary to satisfy reporting obligations of the North Carolina Medical Society Foundation (NCMSF).
As a condition of receiving application data for purpose of determining reimbursable expenses incurred due to COVID-19, NCMSF agrees: