Fierce Healthcare October 27, 2021
A new study estimates there remains $26.8 billion in a pot of money meant to shore up hospitals’ revenue holes caused by the COVID-19 pandemic, and more money could be on the way.
The Urban Institute released an analysis Tuesday estimating what is left of a $178 billion fund passed by Congress last year under the CARES Act. The analysis, commissioned by the Robert Wood Johnson Foundation, called for the Biden administration to better target which providers are still facing problems fighting the virus.
Urban’s analysis of publicly available information found that $7.1 billion of the provider relief fund has not been allocated as of this month. Another $19.7 billion has been allocated to certain providers but hasn’t been sent...