Key Takeaways from Cares Act Provider Relief Fund Terms and Conditions
Coronavirus Aid, Relief, and Economic Security (“CARES”) Act authorizes $100 billion in relief fund to eligible healthcare providers to respond to COVID-19, which is based on the provider’s Medicare Fee-for-Service reimbursements, as reflected on the provider’s cost reports. On April 10, 2020, the Department of Health and Human Services (“HHS”) distributed an initial $30 billion