On April 10, the Department of Health and Human Services (DHHS) released the first portion of a stimulus fund intended to provide financial relief to healthcare providers during the COVID-19 pandemic. In order to expedite the distribution of funds, the DHHS used the Automated Clearing House account information on file for Medicare providers who received reimbursements from the Centers for Medicare & Medicaid Services in 2019.
While health care providers were not required to apply for the funds in order to receive the initial payments, there are terms and conditions associated with each provider’s eligibility to retain the funds and how they may be spent. The burden is on the health care providers to determine their eligibility and how the relief fund payments may be used.
Learn more on our COVID-19 Info Center here: https://www.proassurance.com/covid-19/#Relief