Biden administration releases $25B in COVID-19 relief forU.S. hospitals and providers

Biden administration releases $25B in COVID-19 relief for providers The Biden administration on Friday said it plans to release more than $25.5 billion in funding to help hospitals and other health providers with costs associated with the COVID-19 pandemic. Nathaniel Weixel TheHill

The Biden administration on Friday said it plans to release more than $25.5 billion in funding to help hospitals and other health providers with costs associated with the COVID-19 pandemic.

The money comes from the $178 billion Provider Relief Fund, which was created last year. But it's been 11 months since the last round of funding was released, and bipartisan lawmakers and industry groups have been pressuring the Department of Health and Human Services (HHS) to release more. ...

The funding announced Friday includes the $8.5 billion for rural providers, as well as an additional $17 billion for a broad range of providers who can document revenue loss and expenses associated with the pandemic. ...