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HHS Issues Details for $30 Billion in Grant Payments

HHS Issues Details for $30 Billion in Grant Payments

HHS has released additional detail on how the $30 billion in grant payments under the CARES Act will be determined and issued to Medicare Fee-For Service providers. Beginning April 10, 2020, participating providers will see this direct deposit remittance issued to provide relief to both providers in areas heavily impacted by the COVID-19 pandemic and those providers who are struggling to keep their doors open due to healthy patients delaying care and cancelled elective services.

 

HHS is partnering with UnitedHealth Group to deliver funds. Providers will receive payment as early as today, April 10th, or within the next two weeks via Automated Clearing House (ACH). The automatic payments will come via Optum Bank with “HHSPAYMENT” as the payment description. Payments to practices that are part of larger medical groups will be sent to the group’s central billing office. All relief payments are made to provider billing organizations based on their Taxpayer Identification Numbers (TINs).

 

Within 30 days of receiving the payment, you must sign an attestation confirming receipt of the funds and agreeing to the terms and conditions of payment. Terms and conditions can be found on hhs.gov/providerrelief.  The CARES Provider Relief Payment Portal for signing the attestation will be open the week of April 13, 2020, and will be linked from hhs.gov/providerrelief.

 

Read More Here:

https://www.hhs.gov/provider-relief/index.html?utm_campaign=government-affairs&utm_medium=email&utm_source=4.10.20%20Regulatory%20Alert&elqEmailId=10059


This post was first published April 10, 2020 and was updated July 29, 2020.

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