Who is eligible to receive payments from the Provider Relief Fund? Is this a loan or a grant that I will need to pay back?
Provider Relief Fund payments are being disbursed via both “General” and “Targeted” Distributions.
To be eligible for the General Distribution, a provider must have billed Medicare fee-for-service in 2019, be a known Medicaid and CHIP or dental provider, and provide or provided after January 31, 2020 diagnoses, testing, or care for individuals with possible or actual cases of COVID-19, or prevented in the spread of COVID-19. HHS broadly views every patient as a possible case of COVID-19.
A description of the eligibility for the announced Targeted Distributions can be found here: https://www.hhs.gov/coronavirus/cares-act-provider-relief-fund/index.html
U.S. health care providers may be eligible for payments from future Targeted Distributions. Information on future distributions will be shared when publicly available.
All providers retaining funds must sign an attestation and accept the Terms and Conditions associated with payment.
Retention and use of these funds are subject to certain terms and conditions. If these terms and conditions are met, payments do not need to be repaid at a later date. These Terms and Conditions can be found here.