Posted Saturday, September 11, 2021
The Biden Administration is adding $17.7 billion into the Provider Relief Fund (PRF). This program was designed to help offset some of the financial burden of the pandemic.
The U.S. Department of Health and Human Services (HHS) and the Health Resources and Services Administration (HRSA) manage the PRF. The program was created via the CARES Act, which earmarked $175 billion to assist health care providers across the continuum. The amount of funds earmarked for each health care sector is based on a percentage of the Medicare reimbursement that a provider receives.
“This funding critically helps health care providers who have endured demanding workloads and significant financial strains amidst the pandemic,” said HHS Secretary Xavier Becerra. “The funding will be distributed with an eye towards equity, to ensure providers who serve our most vulnerable communities will receive the support they need.”
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