New Round of Funding for Senior Living Providers

The Department of Health and Human Services has announced additional funding that is to be distributed to health care providers. Senior living communities, particularly assisted living communities, are eligible to apply for this funding. The below post outlines the authorization, how to apply, and how providers can encourage Congress for more funding in the future. The words in this post our not my own.

Background: The Provider Relief Fund supports healthcare providers in the battle against the COVID-19 pandemic1. The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), has announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. The funding will be distributed through the provider relief fund. For context, HHS has already issued over $100 billion in relief funding to providers through prior distributions. These distributions do not need to be repaid to the US government, assuming providers comply with the terms and conditions. Providers can begin applying for funds on Monday, October 5, 2020. Providers have until November 6, 2020 to apply to the Phase 3 General Distribution funding2.

Amount: Generally, providers who qualify will receive 2% of their patient care revenue plus more if HHS deems the provider requires additional funding based on the severity of the pandemic on the provider’s operations2.

Eligibility: HHS is making a large number of providers eligible for Phase 3 General Distribution funding, including:

  • Providers who previously received, rejected or accepted a General Distribution Provider Relief Fund payment.
  • Providers that have already received payments of approximately 2% of annual revenue from patient care may submit more information to become eligible for an additional payment.
  • Behavioral Health providers, including those that previously received funding and new providers.
  • Healthcare providers that began practicing January 1, 2020 through March 31, 2020. This includes Medicare, Medicaid, CHIP, dentists, assisted living facilities and behavioral health providers2.

How to Apply: To apply visit https://cares.linkhealth.com/#/

Make Your Voice Heard: Argentum is continuing to request funding from Congress for the management of the pandemic. As such, it is pressuring Congress to provide additional funding for screening, testing, and vaccinations. Argentum needs your help in reaching out to your Congressperson. It has created a very easy, pre-made template for you to search, select, and message your Congressperson here:

Sources

  1. https://www.hhs.gov/coronavirus/cares-act-provider-relief-fund/for-providers/index.html#how-to-apply
  2. https://www.hhs.gov/about/news/2020/10/1/trump-administration-announces-20-billion-in-new-phase-3-provider-relief-funding.html