May 12, 2020
The Illinois Department of Healthcare and Family Services (HFS) today announced that hospitals have begun receiving $75 million in new stability payments to help fight COVID-19. The payments are being issued in three monthly installments (for April, May, and June) as directed payments under the Hospital Assessment program as a result of a federal matching rate increase of 6.2% during the pandemic. Hospitals began receiving the first installments in late April.
“We recognize that hospitals on the front lines against COVID-19 need support and they need it now,” said HFS Director Theresa Eagleson. “We’re incredibly thankful to the medical professionals who are serving Illinoisans during this public health crisis, and we are committed to doing all we can to help them.”
“On behalf of the hospitals and healthcare heroes who are on the front lines in fighting COVID-19, we commend HFS, Governor Pritzker and the legislative leaders for the $75 million in COVID relief payments and for tremendous collaborative effort to update the Hospital Assessment Program,” said IHA President & CEO A.J. Wilhelmi. “This funding relief is critical to preserving access to care, especially for vulnerable communities, during this health crisis.”
See HFS’ press release.