HHS Announces $1.4 Billion CARES Act Provider Relief Fund Distribution For Children’s Hospitals

On August 14, 2020, the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced an additional $1.4 billion in targeted Provider Relief Fund distribution funding to almost 80 free-standing children’s hospitals nationwide. The Provider Relief Fund was created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. It is intended to replace about 2% of provider organization revenues.

During the coronavirus disease 2019 (COVID-19), children’s hospitals have experienced decreasing consumer visits and increased costs. The costs were due to suspended non-emergency surgeries and need . . .