Additional Distributions from the Provider Relief Fund
June 9, 2020
HHS today also announced additional distributions from the Provider Relief Fund for safety net hospitals and Medicaid and CHIP providers. HHS plans to distribute $10 billion to safety net hospitals this week, sending payments directly to hospitals via direct deposit, with a minimum payment of $5 million and a maximum payment of $50 million. No additional action is needed from Safety Net Hospitals to receive these funds.
Approximately 38% of the Medicaid and CHIP providers have not yet received payments from the Provider Relief Fund. HHS expects to distribute approximately $15 billion to these providers, many of whom are safety net providers operating on thin margins. Providers who received payments under the $50 billion Provider Relief Fund General Distribution are ineligible. Payments to eligible providers will equal at least 2% of reported gross revenue from patient care, with the final amount each provider receives determined after data are submitted.
More information on these distributions and the Provider Relief Fund can be found on IHA’s website and the HHS Provider Relief Fund website.