HHS provides $7.5 billion in COVID-19 assistance to rural providers

HHS provides $7.5 billion in COVID-19 assistance to rural providers

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The Ministry of Health and Human Services is distributing a long-awaited, $7.5 billion The department announced on Tuesday that it will provide some COVID-19 relief funds to rural providers.

The latest expenditure comes from Provider relief fundDesigned to help providers survive the financial difficulties caused by the pandemic, it will be provided to more than 40,000 providers in 50 states, the District of Columbia, and six regions.

“Healthcare providers in rural communities have been hit hard by the COVID-19 pandemic, and they continue to experience major economic hardship,” HHS Minister Xavier Becerra said in a statement. Press Releases“The injection of these funds is essential to ensure that rural communities maintain access to high-quality healthcare and address urgent needs such as labor recruitment and retention.”

Rural provider, Many of them have Low operating profit margin He has been struggling to make ends meet during the novel coronavirus outbreak, and has been eagerly awaiting funding approved by Congress and President Joe Biden in March.

The average appropriation is US$170,000, and payment amounts range from US$500 to US$43 million. The award amount is based on the provider’s medical insurance, medical assistance and child health insurance plan claims against rural beneficiaries from January 1, 2019 to September 30, 2020. Eligible for funding during that period.

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HHS is still processing applications, and there is about $1 billion for rural medical service providers that have yet to win the bid.

The largest sum of $43 million will be paid to Baptist Health, a non-profit system located in Louisville, Kentucky, which has 8 emergency hospitals in the state with a total capacity of more than 2,700 beds.

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