CARES Act Provider Relief Fund Background, Considerations & Frequently Asked Questions

CARES Act Provider Relief Fund Background, Considerations & Frequently Asked Questions

Last Updated: April 22, 2020

Background

Providers have access to a number of new funding sources as a result of COVID-19. Each of these funding sources requires providers/organizations to agree to certain terms and each has their own documentation requirements.

Providers/organizations should establish tracking systems now in order to be able to accurately report eligible expenses and losses attributable to the COVID-19 crisis.

CARES Act Provider Relief Fund

On March 27, the Coronavirus Aid, Relief, and Economic Security Act (CARES) was passed and signed into law, appropriating $100 billion to a Provider Relief Fund for the COVID-19 pandemic. The fund is managed by the Office of the Secretary of the Department of Health and Human Services (HHS) and dollars are held within its Health Resources Services Administration (HRSA).  The funds are being distributed as automatic payments through United Health Group(UHG) via Optum Bank with “HHSPAYMENT” as the payment description.  More

 

Questions?

Contact:

Alyssa Odegaard- Vice President, Public Policy 

c: 206.948.2279

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