HHS Announces It Will Distribute $25 Billion In COVID-19 Aid To Certain Hospitals
- June 10, 2020
Reuters (6/9, Joseph) reports, “The U.S. Department of Health and Human Services (HHS) said on Tuesday it would distribute about $25 billion to hospitals that have not previously received relief funds as they grapple with a rise in COVID-19 cases.” Specifically, “the agency said it would provide about $15 billion of the total to hospitals serving patients covered by federal Medicaid program for low-income individuals and children’s health insurance program, and $10 billion to safety net hospitals that treat patients regardless of their insurance status.”
The Hill (6/9, Hellmann) reports that HHS “had come under fire for its slow pace in sending out billions of dollars in coronavirus relief funds to providers in the safety net program, even as clinics and hospitals cut back services, lay off staff or shut down altogether.”
Modern Healthcare (6/9, Cohrs, Subscription Publication) reports that providers must “report their annual patient revenue through an online portal starting Wednesday, and payments will be at least 2% of reported gross revenue from patient care.” According to a senior HHS official, “providers who submit revenue information could expect to see funds as soon as 10 days after submission.”