Written by Tim Anderson
New funding is Available.
Effective immediately, the HHS is accepting applications for new funds available to healthcare providers in the battle against the COVID-19 pandemic.
The eligible pool of recipients is even larger now than ever. Medical, Dental, and Behavioral health providers can apply, even if they received funds from the first two rounds.
With their remaining $20B budget, HHS will allocate funds to practitioners to make sure their cumulative disbursements across all three rounds is equal to 2% of prior years’ patient care revenue. The remaining funds will be distributed to applying practitioners based on lost revenues and/or increased expenses attributable to COVID-19 that have not been reimbursed by other sources.
The deadline for round 3 applications is November 6, 2020, but providers are encouraged to apply early to expedite the calculation and distribution of payments.
WHERE TO APPLY
As always, if you have any questions or need assistance with your application, please contact us at Cooper Norman.