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Relief Funds Being Distribute Immediately to Healthcare Providers

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Lisa Talbert
Relief Funds Being Distribute Immediately to Healthcare Providers

The CARES Act, signed by President Trump on March 27, 2020, included $100 billion in relief funds to hospitals and other healthcare providers in support of healthcare-related expenses and lost revenue resulting from the COVID-19 pandemic. $30 billion of those funds is being distributed immediately to facilities and providers that received Medicare fee-for-service (FFS) reimbursements in 2019. The amount each provider will receive is based on its share of the approximately $484 billion Medicare FFS reimbursements for 2019. The U.S. Department of Health & Human Services (HHS), in partnership with UnitedHealth Group (UHG), is overseeing the distribution of the relief funds. Unlike the CMS Accelerated and Advance Payment Program, these payments are not loans and will not need to be repaid.

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Lisa Talbert
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