Cares Act Stimulus Money For Healthcare Providers

See which providers received the most cares act relief fund payments.

Cares act stimulus money for healthcare providers. The senate this week passed an updated stimulus bill that will load an additional 75 billion into a dedicated relief fund for health care providers though nursing homes that rely on medicaid for income are still waiting for the first distribution from the pot. However the cares act also included relief funds for many programs several of which were targeted at healthcare providers. In march 2020 u s.

A portion of the cares act s 100 billion provider relief fund will be used to reimburse health care providers at medicare rates for covid related treatment of the uninsured. Through the coronavirus aid relief and economic security cares act and the paycheck protection program and health care enhancement act pppche the federal government has allocated 175 billion in payments to be distributed through the provider. Lawmakers agreed on the passage of a 2 trillion stimulus bill called the cares coronavirus aid relief and economic security act to blunt the impact of an economic downturn.

The provider relief fund supports healthcare providers in the battle against the covid 19 pandemic. The provider relief fund supports american families workers and the heroic healthcare providers in the battle against the covid 19 outbreak. Dignity health the cleveland clinic and stanford health care all received over 100 million according to hrsa.

The cares act makes 100 billion available to the public health and social services emergency fund the fund to reimburse eligible health care providers for health care related expenses or lost revenues that are attributable to coronavirus. Of this hhs and cms have immediately used 30 000 000 000 to provide an immediate infusion into the healthcare system. The 2 trillion cares act set aside 100 billion for the.

The cares act allocated 100 000 000 000 to a provider relief fund as part of the sweeping reform.