The federal Department of Health and Human Services (HHS) has announced an additional opportunity for hospitals to apply for Provider Relief Funds. Specifically, providers who missed the June 3 deadline to apply for funding equal to 2% of their total patient care revenue (from the $20 billion portion of the $50 billion Phase 1 general distribution) and certain providers who experienced a change in ownership — making them previously ineligible for Phase 1 funding — will be eligible to apply for financial relief.
Eligible providers must submit information to HHS’ Provider Relief Fund portal by Aug. 28 to be considered for additional funding of up to 2% of their reported total revenue from patient care. Previous Phase 1 general distribution payments will be taken into account when determining the amount of the Phase 2 general distribution payment.