Healthcare Finance News November 24, 2021
The average amount is $170,700, with payments ranging from $500 to $43 million.
Rural providers who serve Medicaid and Medicare beneficiaries are getting $7.5 billion in American Rescue Plan Rural payments. The money will go to providers and suppliers who serve rural Medicaid, Children’s Health Insurance Program (CHIP) and Medicare beneficiaries.
The average payment is approximately $170,700, with some ranging from $500 to $43 million. More than 40,000 providers in all 50 states, Washington, and six territories will receive ARP Rural payments.
WHY THIS MATTERS
Rural providers serve a disproportionate number of Medicaid and CHIP patients, who often have more complex medical needs.
They typically operate on thin margins. An estimated 47% of rural providers were operating in the...
Today's Sponsors
Today's Sponsor