HHS Reimburses 88% Of Provider Revenue Losses In Latest COVID Relief

HHS is distributing $24.5 billion in provider relief -- nearly $5 billion more than what was previously announced for phase 3 -- to more than 70,000 providers so they can make up nearly 90% of their lost revenues and net change in expenses caused by the pandemic, according to the department. Payments began Wednesday (Dec. 16) and go through January 2021. The third general distribution of $20 billion opened Oct. 5 , and HHS allowed provider relief recipients to apply...