“@HHSGov is beginning the immediate distribution of $30 billion to hospitals and healthcare providers …” HHS Sec. Alex Azar tweeted.
The Centers for Medicare and Medicaid Services has announced the release of $30 billion of the $100 billion earmarked for hospitals in the Coronavirus Aid, Relief and Economic Security Act.
This money is separate from $34 billion in advance payment loans to providers announced last week. CMS later increased the amount in the Accelerated and Advance Payment Program to $51 billion.
Hospital and provider groups are calling for the release of all of the funding, and those representing essential hospitals