
HHS releasing $2 billion more in Provider Relief Fund payments
The payments are meant to assist providers who have been impacted by the COVID-19 pandemic.
The Department of Health and Human Services (HHS) will release more than $2 billion in Provider Relief Fund payments through the Health Resources and Services Administration (HRSA).
According to
“Provider Relief Fund payments have served as a lifeline for our nation’s heroic health care providers throughout the pandemic, helping them to continue to recruit and retain staff and deliver care to their communities,” HHS Secretary Xavier Becerra says in the release. “This funding is just the latest example of the Biden-Harris administration’s dedication to ensuring that providers continue to have the resources they need to meet the evolving challenges presented by COVID-19 and keep providing critical services to the American people.”
The Phase 4 payments are focused on equity and include reimbursing a higher percentage for smaller providers and incorporating bonuses for those which serve Medicaid, Children’s Health Insurance Program, and Medicare beneficiaries, the release says.
“The COVID-19 pandemic is an unprecedented challenge for health care providers and the communities they serve,” HRSA Administrator Carole Johnson says in the release. “The Provider Relief Fund remains an important tool in helping to sustain the critical health care services communities need and support the health care workforce that is delivering on the frontlines every day.”
As
The rates of
Newsletter
Stay informed and empowered with Medical Economics enewsletter, delivering expert insights, financial strategies, practice management tips and technology trends — tailored for today’s physicians.