News & Insights

$20 Billion in New Phase 3 Provider Relief Funding

October 05, 2020

$20 Billion in New Phase 3 Provider Relief Funding

Apply Now for Phase 3 General Distribution 

The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. Under this Phase 3 General Distribution allocation, providers that have already received Provider Relief Fund payments are invited to apply now for additional funding that considers financial losses and changes in operating expenses caused by the coronavirus. 

Eligibility

HHS is making a large number of providers eligible for Phase 3 General Distribution funding, including:

  • Providers who previously received, rejected or accepted a General Distribution Provider Relief Fund payment. Providers that have already received payments of approximately 2% of annual revenue from patient care may submit more information to become eligible for an additional payment.

  • Behavioral Health providers, including those that previously received funding and new providers.

  • Healthcare providers that began practicing January 1, 2020 through March 31, 2020. This includes Medicare, Medicaid, CHIP, dentists, assisted living facilities and behavioral health providers.

Apply Early! 

HHS is urging all eligible providers to apply early; do not wait until the last day or week of the application period. Applying early will help to expedite HHS’s review process and payment calculations, and ultimately accelerate the distribution of all payments.

All payment recipients will be required to attest to receiving the Phase 3 General Distribution payment and accept the associated Terms and Conditions.

Application Deadline

Providers will have from October 5, 2020 through November 6, 2020 to apply for Phase 3 General Distribution funding

For updates and to learn more about the Provider Relief Program, visit: hhs.gov/providerrelief.

View the full HHS article here. Visit the CARES Act Provider Relief Fund website for providers here

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