CARES Act Funding Available for Medicaid Providers- Application Deadline Extended
The U.S. Department of Health and Human Services (HHS) announced it is extending the Medicaid and CHIP Provider Relief Fund distribution provider application deadline to August 3, 2020.
In June, HHS opened the application period. They plan to distribute approximately $15 billion to eligible providers who participate in state Medicaid and CHIP programs and have not received a payment from the $50 billion general distribution.
HHS also announced it will distribute $10 billion in a second round of COVID-19 area funding to hospitals starting next week. Read the full announcement here.
If you plan to apply for this funding, you must submit annual patient revenue information to the HHS provider relief fund portal.
Details about this HHS funding:
-
Eligibility: any provider who did not receive a funding award from the first $50 billion made to providers with some level of Medicare utilization, and directly billed a state Medicaid program or Medicaid managed care plan between January 1, 2018 and May 31, 2020.
-
Award amounts: a minimum of two percent of gross patient care revenues, with final amount determined by provider-submitted data including number of Medicaid patients served.
To stay updated on the latest information, go to the CARES Act provider relief fund webpage.
|
