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May 04, 2020

New Provider Relief Fund Application Portal Now Open

Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress set aside $100 billion to reimburse health care providers for lost revenue and increased costs stemming from the coronavirus pandemic. These funds are being disbursed by the Health Resources Services Administration (HRSA) division of the Department of Health and Human Services (HHS).» Read More

Apr 24, 2020

Additional $480 Billion in Coronavirus Relief Package Approved Including $310 Billion for Payroll Protection Program and $75 Billion for Health Care Providers Treating COVID-19 Cases

After a two-week impasse with Democrats and Republicans proposing competing COVID-19 pandemic relief bills, the Senate (on April 21, 2020) and the House (on April 23, 2020) approved a total of $480 billion of additional funds for various COVID-19 pandemic relief programs, including additional funding to the Payroll Protection Program, health care providers treating COVID-19 patients, and state and federal agencies for COVID-19 testing and contact tracing.» Read More

Apr 23, 2020

DEADLINES LOOM FOR HHS ALLOCATION OF $100 BILLION CARES ACT RELIEF FUND FOR HEALTH CARE PROVIDERS

Update: On Thursday evening, April 23, 2020, the U.S. Department of Health and Human Services (HHS) extended the deadline for hospitals in the nation’s hardest-hit areas to apply for additional relief from the $10 billion CARES Act fund set aside for this purpose.» Read More

Apr 17, 2020

$30 Billion Is Being Infused Into the Health Care System: Who Is Receiving Money and What You Should Know If You Keep It

Beginning April 10, the U.S. Department of Health and Human Services (“HHS”), assisted by UnitedHealth Group, began distributing the $30 billion to health care providers and health care systems. These payments are not loans and will not need to be repaid.» Read More

Apr 11, 2020

Pennsylvania Establishes $450 Million Loan Program to Assist Hospitals in the Fight Against COVID-19

On April 10, 2020, Pennsylvania Governor Tom Wolf announced the creation of a state loan program, entitled the Hospital Emergency Loan Program, or HELP for short, to assist hospitals that are facing unprecedented challenges from COVID-19. The loan program will provide immediate financial support to hospitals in Pennsylvania for working capital in order to retain health care personnel and acquire personal protective equipment.» Read More

Mar 30, 2020

CARES Act Provides Financial Relief for Health Care Providers

The CARES Act, signed into law on Friday, contains a number of provisions affording financial relief to health care providers who have been struggling with the impact of the COVID-19 pandemic.

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Mar 26, 2020

Senate Approves $100 Billion to Hospitals in COVID-19 Relief Package

The Senate voted on Wednesday night to approve a $2 trillion COVID-19 relief package to help millions of American workers and businesses survive the impact of COVID-19. The Relief package is titled CARES Act (Coronavirus Aid, Relief and Economic Security Act) and includes COVID-19 relief for individuals, businesses, and the health care industry.» Read More

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