Learn More About Provider Relief Fund Payments
June 23, 2020
Last week, the US Department of Health and Human Services (HHS) launched an application portal to distribute $15 billion in CARES Act Provider Relief Fund payments to eligible Medicaid and CHIP physicians and organizations. Read more about this allocation in this June 9 NCMS COVID-19 News Alert.
The payment will be at least 2 percent of reported gross revenue from patient care, and the final amount will be determined based on submitted data, including the number of Medicaid patients served. Eligible physicians and organizations have until July 20, 2020, to submit their application and report other necessary information, such as annual patient revenue data.
Today, June 23 and again on Thursday, June 25 at 2 p.m. HHS is hosting two webcasts for physicians and other health care professionals interested in learning more about the application process. Registration is required.
HHS also posted updated answers to questions about the Provider Relief Fund on its FAQ page. Here are the answers to two common questions:
• Q: Why is there a new Provider Relief Fund Payment Portal?
A: Portal will initially be used for new submissions from Medicaid and Children’s Health Insurance Program (CHIP) providers seeking payments under the Provider Relief Fund starting Wednesday, June 10, 2020. At this time, this portal will serve as the point of entry for providers who have received Medicaid and CHIP payments in 2017, 2018, 2019 or 2020 and who have not already received any payments from the $50 billion Provider Relief Fund General Distribution.
• Q: What is the difference between the first Provider Relief Fund Payment Portal and the Enhanced Provider Relief Fund Payment Portal for the Medicaid Targeted Distribution?
A: The first Provider Relief Fund Payment Portal was used for providers who received a General Distribution payment prior to Friday, April 24th. These providers were required to submit financial information in order to receive approximately 2 percent of gross revenues derived from patient care. HHS has developed the new Enhanced Provider Relief Fund Payment Portal for providers who did not receive payments under the previous General Distribution, including those providers who bill Medicaid and CHIP (e.g., pediatricians, long-term care, and behavioral health providers.)
To review the complete list of FAQs visit the CARES Act Provider Relief Fund FAQs page.