CARES Act Provider Relief
The bipartisan CARES Act provides $100 billion in relief funds to hospitals and other health care providers. $30 billion is being distributed immediately with payments arriving via direct deposit beginning April 10, 2020. All facilities and providers that received Medicare fee-for-service reimbursements in 2019 are eligible for this initial distribution. The CARES Act provider relief funds are payments, not loans, to health care providers, and will not need to be repaid.
Distribution of the remaining $20 billion of the general distribution to providers began on April 24. A portion of providers will automatically be sent an advance payment based off the revenue data they submit in CMS cost reports. Providers without adequate cost report data on file will need to submit their revenue information. This American Medical Association article offers more details on how doctors can claim their share of the second round of funding.
Get details on the relief funding at hhs.gov/providerrelief
Business Resources & Loan Opportunities
OSHA Guidance for Businesses
The U.S. Occupational Safety and Health Administration (OSHA) offers guidance on how to maintain operations in a pandemic. View OSHA Guidance.
NORCAL Group COVID-19 Resources for Businesses
NORCAL group, which includes NORCAL mutual insurance company, offers practical resources for health care professionals and business on topics like:
- Human resources
- Physician, staff, and health care operations
Get details at www.norcal-group.com/pandemic.