CARES Act provider relief fund distribution: A timeline

June 9: HHS stated it has allocated $15 billion to eligible service providers that take part in the Medicaid and Childrens Health Insurance Programs that have not received payment from the general distribution of safety-net financing..

June 8: HHS states it will distribute a second round of financing for service providers who treated a high variety of COVID-19 clients. To be thought about, hospitals can update the variety of COVID-19 admissions it had between Jan. 1 and June 10. The due date was June 15..

May 29: HHS starts to designate $500 million to various tribal healthcare facilities, clinics and centers across the U.S. The funds will go to about 300 Indian Health Service programs.

May 7: HHS says it will disperse $12 billion to 395 health centers that dealt with 100 or more COVID-19 patients in between Jan. 1 and April 10..

May 6: HHS starts distributing $10 billion in moneying to rural healthcare suppliers, consisting of centers, healthcare facilities and clinics. The funds go to nearly 4,000 rural companies.

June 9: HHS states it will disperse an additional $10 billion to safety-net hospitals. To certify, healthcare facilities must have typical uncompensated care per bed of a minimum of $25,000, success of 3 percent or less and a Medicare Disproportionate Payment percentage of 20.2 percent or higher. Each eligible medical facility will receive $5 million to $50 million, HHS said..

May 22: HHS says it will designate $4.9 billion to at least 13,000 certified proficient nursing centers to assist balance out losses credited to COVID-19.

April 10: HHS starts distributing $30 billion to service providers throughout the U.S. based upon their Medicare fee-for-service income. The $30 billion is from round one of the basic distribution fund. Nearly 320,000 billing suppliers get financing..
About $9.1 billion was sent to 15,000 Medicare companies based on earnings from CMS cost report information. HHS likewise starts sending out $10.9 billion to Medicare fee-for-service billing suppliers based on revenue submissions to the supplier website.

Alia Paavola –
Monday, June 29th, 2020

June 3: The deadline passes for service providers to send income details to the website to be thought about for the extra $20 billion general circulation financing.

Below is a timeline of the relief fund distribution, allowance statements from HHS:.

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HHS is working to distribute the billions of dollars in COVID-19 relief funding allocated for providers in the Coronavirus Aid, Relief, and Economic Security Act that was signed into law in late March.

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April 10: HHS starts distributing $30 billion to companies throughout the U.S. based on their Medicare fee-for-service earnings. About $9.1 billion was sent out to 15,000 Medicare companies based on profits from CMS expense report data. HHS likewise starts sending $10.9 billion to Medicare fee-for-service billing service providers based on income submissions to the service provider website. June 8: HHS says it will distribute a 2nd round of financing for companies who treated a high number of COVID-19 clients. June 9: HHS says it will disperse an additional $10 billion to safety-net health centers.