COVID-19 Financial Relief for Providers: CARES Act Provider Relief Fund, Uninsured Program, and Coverage Issues
The novel coronavirus (COVID-19) pandemic continues to have a profound financial impact on health care providers, who are on the front lines of the pandemic response and seeing revenue decline as non-essential procedures have been postponed or cancelled.
On June 9, HLB’s COVID-19 Task Force hosted a webinar providing important updates with respect to HHS programs providing financial relief to providers, including compliance and reporting obligations associated with the acceptance of funds. HLB attorneys discussed developments regarding expanded sources of health care coverage for coronavirus-related services. Topics covered included:
- The Provider Relief Fund, including the $50 billion General Distribution, the $12 billion distribution to highly impacted hospitals, and the $10 billion distribution to rural hospitals.
- Attestation and compliance obligations associated with the acceptance and use of Provider Relief Fund dollars.
- The COVID-19 Uninsured Program, which provides reimbursement to participating providers for testing and COVID-19 treatment.
- Other source of coverage (COBRA; Hospital Presumptive Eligibility for Medicaid; Exchange Special Enrollment Periods).
Please visit the HLB COVID-19 Resource Center for materials from our prior webinar and our comprehensive toolkit of financial resources and strategies to address providers’ financial distress during this COVID-19 emergency.
Click here to listen to the recording.
Click here for the podcast link.
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