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Relief Payments to Health Care Providers under the CARES Act: Strings are Attached

Relief Payments to Health Care Providers under the CARES Act: Strings are Attached

On March 27, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted. It allocated $100 billion to a Public Health and Social Services Emergency Fund (Relief Fund) to disburse to hospitals and other healthcare providers in order to support healthcare-related expenses and reimburse lost revenues attributable to the COVID-19 public health emergency. On April 10, 2020, HHS announced that it was beginning to distribute $30 billion to eligible providers.

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