The Department of Health and Human Services (HHS) released a list of hospitals that will be receiving federal CARES Act funding. Of the $12 billion across the country, Pennsylvania hospitals will receive $324 million and the Lehigh Valley hospitals will see $60 million of that.
Lehigh Valley hospitals receive almost $60M for fighting COVID-19 (Lehigh Valley Live)
From the article: "Lehigh Valley Health Network received $41.5 million for two of its locations, and St. Luke’s University Health Network received $18.4 million for two of its hospitals.
"The COVID-19 High-Impact Allocation was awarded to 395 hospitals that provided inpatient care for 100 or more COVID-19 patients through April 10. The facilities make up 71 percent of COVID-19 inpatient admissions reported to the Department of Health and Human Services from across the country.
"The money can be used for health care-related expenses or lost revenue during the pandemic, and to ensure uninsured patients can get testing and treatment for COVID-19, according to a news release."
Pa. hospitals most impacted by the coronavirus to receive $324 million: feds (Penn Live)
From the article: "The distribution methodology takes into consideration the challenges faced by facilities serving a significantly disproportionate number of low-income patients, the release said."
14 health systems receiving biggest CARES Act payments (Beckers Hospital Review)
From the article: "HHS released new data May 7, sharing where the $50 billion in funding went. The department provided a list of hospitals that received payments and agreed to the terms and conditions for receiving the relief aid as of May 4. As part of those terms, hospitals agreed not to balance bill COVID-19 patients and to submit documents showing the funds were used for expenses or lost revenue attributable to COVID-19."
The CARES Act blog is intended to provide information and is accurate and true to the best of the author's knowledge. The author is not a legal, medical or financial professional and the information presented should not be considered advice and is for reference only. Lehigh Valley Public Media and its employees claim no liability for any actions taken by readers based on the information provided here.