HHS on Friday introduced plans to distribute $1.four billion in grant funds to free-standing children‘s hospitals.
The tranche is HHS’ newest distribution from the $175 billion Supplier Reduction Fund that lawmakers created to assist healthcare suppliers offset coronavirus-related expenses and misplaced income. Hospitals have requested for Congress so as to add $100 billion to the fund, however negotiations on one other aid bundle have stalled.
HHS mentioned the brand new distribution would go to just about 80 youngsters’s hospitals not affiliated with bigger methods to make sure they get proportional grant funds in contrast with different hospitals.
Qualifying hospitals will both be an exempt hospital underneath the CMS inpatient potential cost system or be a HRSA-defined Children’s Hospital Graduate Medical Education facility. The amenities can be eligible grants of two.5% of their web affected person income.
Of the information out there in a state-by-state breakdown, HHS indicated that Ohio, California and Texas would be the prime recipients. Nonetheless, the division continues to be verifying info for 2 dozen hospitals, in order that steadiness might change.
The Youngsters’s Hospital Affiliation declined to touch upon the distribution.