The U.S. Department of Health and Human Services (HHS) has begun the distribution of an additional $20 billion of the $50 billion general distribution to Medicare facilities and providers impacted by COVID-19, augmenting the $30 billion that was allocated earlier in April. The general allocation seeks to address both the economic harm across the entire healthcare system due to the stoppage of elective procedures and the economic impact on providers incurring additional expenses caring for COVID-19 patients.
In order to receive payment, eligible providers must submit required revenue information for verification and attest to the terms and conditions of this additional distribution. The portal for submitting this information can be found here. Payments will go out on a rolling basis and Medicare providers’ total allocation from the entire $50 billion general distribution is proportional to their 2018 net revenue. All eligible providers are required under the terms and conditions to submit revenue information to the provider portal for later verification.
Additional Updates on the Provider Relief Fund
- Allocation for treatment of the uninsured: HHS has launched a COVID-19 Uninsured Program Portal, allowing health care providers who have conducted COVID-19 testing or provided treatment for uninsured COVID-19 individuals on or after February 4, 2020 to request claims reimbursement. Providers can access the portal here.
- Allocation for COVID-19 high-impact area: HHS has allocated $10 billion in CARES Act funding to COVID-19 high-impact areas. HHS has received data from hospitals throughout the country and is preparing to release funds to hospitals.
Read the complete update.