The Department of Health and Human Services (HHS) will be making $25.5 billion in new funding available for healthcare providers impacted by the COVID-19 pandemic.
Why it matters: Fire/EMS providers can submit an application to receive these funds and get additional financial relief to make up for lost revenue and increased expenditures as a result of the pandemic.
Who is impacted: Smaller and rural providers.
Go deeper: Read the full HHS Press Release Here. For more context check out this article from Healthcare Finance News or this link the American Ambulance Association article.
You should know:
Funding is available through the Health Resources and Services Administration (HRSA). This funding is targeted for rural and smaller providers. It includes:
- $8.5 billion in American Rescue Plan Act (ARPA) for providers who service rural Medicaid and Medicare Patients,
- $17 billion for Provider Relief Fund (PRF) Phase 4 for providers who can document revenue loss and expenses associated with the pandemic between July 1, 2020 – March 31, 2021.
Application: Combined application for ARPA and PRF will open on September 29, 2021. More info is available on HRSA Future Payments web page.