HHS announces new $4B+ round of COVID-19 relief payments for providers

HHS is allocating another $4 billion in funding to hospitals and provider groups affected by the COVID-19 pandemic, the department announced July 10.

Advertisement

What you should know:

1. HHS is giving $3 billion in funding to hospitals serving vulnerable populations on thin margins and $1 billion in funding to specialty rural hospitals, urban hospitals with rural Medicare designations and hospitals in small metropolitan areas.

2. Officials expect to distribute the $3 billion to 215 acute care facilities. After this round of payments, HHS will have paid $12.8 billion to 959 acute care facilities.

3. Officials expect the additional $1 billion will be distributed to 500 hospitals serving rural populations.

4. Dentists are also eligible to apply for funds.

5. HHS has provided approximately $175 billion in relief funding to support healthcare providers so far.

More articles on surgery centers:
Top-paying jobs in 2020 — Surgeons are No. 1
The state of ASCs in June 2020: 10 observations on supply chain, payers, staffing & future growth
Optum leads $26M funding round for digital therapeutics startup

 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.