The Department of Health and Human Services (HHS) announced that providers will receive April 10 their share of the first $30 billion in COVID-19 relief funding. This funding, part of a total $100 billion authorized by the recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), intends to support providers for health care–related expenses and lost revenue associated with COVID-19.
HHS will direct deposit to providers their share of the initial $30 billion disbursement based on 2019 Medicare fee-for-service reimbursements. These funds are payments to providers and will not have to be repaid. However, providers must attest to receipt of the funds and agree not to balance bill any patient receiving treatment for COVID-19.
In a media statement, the association urged HHS to follow through quickly on its stated goal for a new round of funding that would target, among other groups, providers that predominately serve Medicaid populations.
America’s Essential Hospitals will send members a detailed COVID-19 Update with more details about this funding. Also, visit the America’s Essential Hospitals coronavirus resource page for more information about the outbreak.
Contact Senior Director of Policy Erin O’Malley at email@example.com or 202.585.0127 with questions.