The federal Department of Health and Human Services (HHS) today announced the release of additional CARES Act Provider Relief funds for Medicaid and CHIP.
Highlights of the announcement:
Approximately $15 billion will be distributed to eligible providers that participate in state Medicaid and CHIP programs and have not received a payment from the Provider Relief Fund General Distribution.
An additional $10 billion will be distributed this week to safety net hospitals that serve the most vulnerable citizens.
To be eligible for this funding, health care providers must not have received payments from the $50 billion Provider Relief Fund General Distribution and either have directly billed their state Medicaid/CHIP programs or Medicaid managed care plans for healthcare-related services between January 1, 2018, to May 31, 2020.
Close to one million health care providers may be eligible for this funding.
