COVID-19 Funding for High Medicaid Healthcare Providers
This bill allocates $10 billion in financial aid to hospitals and other healthcare providers serving a large number of Medicaid patients, who incurred costs or lost revenue due to the COVID-19 pandemic. This aims to ensure these facilities can continue providing healthcare services, indirectly impacting the availability of medical care for citizens relying on Medicaid.
Key points
10 billion dollars allocated to support healthcare providers serving Medicaid patients affected by COVID-19.
Funds can be used for pandemic-related expenses (e.g., equipment, staff) and lost revenues.
Support is for hospitals, including children's hospitals, and other providers with high Medicaid patient caseloads.
Providers must apply and document their losses or expenses, and funds cannot cover costs already reimbursed from other sources.
Expired
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