$10 Billion in Additional Funding to COVID-19 Impacted Hospitals
Today, the U.S. Department of Health and Human Services (HHS) announced it will begin distributing $10 billion in the second round of high impact COVID-19 area funding to about 1,000 hospitals in the USA.
‘As parts of the nation confront a recent surge in positive COVID-19 cases and hospitals elsewhere continue to recover and grapple with the financial hardships caused by the pandemic, HHS stated on July 17, 2020.
“The top priority for HHS’s administration of the Provider Relief Fund has been getting support as quickly as possible to providers who have been hit hard by COVID-19,” said HHS Secretary Alex Azar, in a press statement.
“Because we’ve carefully targeted support, we can make payments to areas most in need as the pandemic evolves, like we are doing with this round of funds.”
As COVID-19 continues to disrupt daily lives, HHS is providing support to healthcare providers fighting the pandemic through the bipartisan CARES Act and the Paycheck Protection Program and Health Care Enhancement Act, which allocated $175 billion in relief funds to hospitals and other healthcare providers, including those disproportionately impacted by this pandemic.
Previously, on June 8, 2020, HHS sent communications to all hospitals about plans to distribute a second round of funding to high impact COVID-19 areas and asked them to submit data on their COVID-19 positive-inpatient admissions for the period January 1, 2020, through June 10, 2020.
In May, HHS announced the first round of high impact funding totaling $12 billion that was distributed to 395 hospitals.
This means total committed payments for the two rounds of high impact area funding from the Provider Relief Fund program, to date, is over $20 billion, representing almost 12 percent of the entire $175 billion program.
As some areas of the country face new surges of positive COVID-19 cases, HHS will continue to evaluate and provide necessary relief where possible.
View the current list of hospital recipients.
View a state-by-state breakdown on funding.
COVID-19 disease outbreak news published by CoronavirusToday.