July 17, 2020 / by Tina Reed
The Department of Health and Human Services (HHS) plans to begin distributing $10 billion in additional relief funds to hospitals in areas hit hard by the COVID-19 pandemic.
Friday, officials said the second round of high-impact funding—part of $175 billion in relief funds allocated to healthcare by the CARES Act and the Paycheck Protection Program and Health Care Enhancement Act—would begin going out to hospitals in “high-impact” areas the week of July 20.
More than 1,000 hospitals will receive funding from this tranche of money.
The most funding is going to Illinois, New York and Pennsylvania where hospitals are receiving a total of $740 million, $683.6 million and $654.6 million, respectively.