Chief Healthcare Executive April 1, 2021
HHS’ formula for the Provider Relief Fund based payouts on 2019 revenues, but did not require refunds if losses failed to materialize.
CHE Staff
Federal relief funds provided by Congress in 2020 to shore up hospital finances as COVID-19 hit fell disproportionately to the richest health systems, allowing some to finish the year healthier than ever, while some smaller, hard-hit rural hospitals struggled or even closed.
HHS’ formula for the Provider Relief Fund based payouts on 2019 revenues, but did not require refunds if losses failed to materialize.
That was the finding of a report by Kaiser Health News and The Washington Post, which found a flaw in a key assumption of the 2020 Provider Relief Fund—which based aid to...
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