Hospitals can’t use CARES Act grants to repay Medicare loans, HHS says

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HHS updated the FAQ file after CMS incorrectly mentioned in an Oct. 8 news release that hospitals might use service provider relief funds provided under the Coronavirus Aid, Relief and Economic Security Act to pay back Medicare loans, according to the American Hospital Association. The release has because been upgraded to reflect the correction..

Health centers cant utilize COVID-19 company relief grants to repay Medicare advance payments released earlier this year, according to a FAQ file published by HHS..

CMS revealed the brand-new repayment terms after President Donald Trump signed a short-term financing costs into law that unwinds the payment terms for Medicare loans health centers got earlier this year..