Coronavirus News

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

April 17, 2020

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. Click here to read the article.