HHS to send additional $10B to hospitals in COVID-19 hot spots

HHS announced Friday, July 17, it will deliver an additional $10 billion in federal release dollars to hospitals in new COVID-19 hot spots.

Overview
  • More than 1,000 hospitals will receive funding with the most funding going to Illinois ($740 million), New York ($683.6 million), and Pennsylvania ($654.6 million).
  • The second round of hot spot funding will reimburse providers who cared for a disproportionately high number of patients with the disease through June 10.
  • Funding is for hospitals with more than 161 COVID-19 admissions during that period—or one admission per day—or that experienced a disproportionate intensity of COVID-19 admissions. Hospitals will be paid $50,000 per eligible admission (the first round paid $76,795 per eligible admission).

The American Hospital Association informed HHS that more funding is needed as it does not consider areas in the country experiencing the current surge. To stay up-to-date on HHS Funding and COVID-19 news, subscribe to our newsletter here: AdvantEdge Healthcare Solutions Newsletter

Sources: HHS Gov

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