Coronavirus: Emergency aid, new reporting options for hospitals

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To help in the battle against coronavirus, hospitals will be getting an additional $75 billion from a new $484 billion stimulus package signed into law at the end of last week. 

Meanwhile, here’s how the Department of Health and Human Services (HHS) said remaining promised funds from the CARES Act will be distributed in the coming weeks:

$50 billion in general funds to hospitals $20 billion in general funds to providers, based on their 2018 net patient revenues $10 billion to hospitals in areas hit hardest by the COVID-19 outbreak $10 billion to rural hospitals, and $400 million to

Read more    Source: healthcarebusinesstech.com

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