To: Group Members Receiving Supplier Rebates
The enclosed amount is being paid by CoreTrust Purchasing Group as vendor rebates earned on purchases by you and your location(s) with contract suppliers through the CoreTrust portfolio. Vendor rebates should be considered a discount and reported under any state or federal program that provides cost or charge based reimbursement for products or services, in order to comply with 42 U.S.C. Section 1320a-7b(b)(3)(A) and the safe harbor regulations set forth at 42 C.F.R. Section 1001.952(h).
As a reminder, you are responsible for allocating to your location(s) any rebates received from CoreTrust or directly from vendors, and providing to your location(s) all required information regarding such rebates and their allocation as required by law and the terms of the Healthcare provider statement (if applicable) in the CoreTrust Participation Agreement.
Detail reports are posted on our member portal (members.coretrustpg.com). The monthly payments will tie to the corresponding monthly report available from the portal.
If you have questions or concerns, please e-mail the CoreTrust Sales Operations team at SalesOps@CoretrustPG.com. Thank you for your help in ensuring the payments and supporting documentation are handled properly.