HHS Releases $30 Billion In Relief Funding As Part Of Cares Act
The Department of Health and Human Services (HHS) released an initial $30 billion in relief funding to Medicare providers today as part of the CARES Act, bringing the total to be distributed in the coming months to more than $100 billion. Pennsylvania has been allocated more than $1 billion in funding, which is one of the highest distribution amounts in the country.
Providers who are enrolled in Medicare have been allotted a portion of these funds based on their share of 2019 Medicare fee-for-services reimbursements. These are payments, not loans, to health care providers and will not need to be repaid.
HHS is partnering with UnitedHealth Group to deliver the initial $30 billion distribution to providers as quickly as possible. Providers will be paid via Automated Clearing House account information on file with UHG, UnitedHealthcare, or Optum Bank, or used for reimbursements from CMS. Providers who normally receive a paper check for reimbursement from CMS will receive a paper check in the mail for this payment as well, within the next few weeks.
Within 30 days of receiving the payment, providers must sign an attestation confirming receipt of the funds and agreeing to the terms and conditions of payment. The portal for signing the attestation will be open Monday and will be available here.
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