Verma: Providers Will See $30 Billion In CARES Act Grants Soon

By Michelle M. Stein / April 7, 2020 at 10:08 PM
CMS Administrator Seema Verma on Tuesday (April 7) said providers will see $30 billion from the CARES Act distributed this week, and the money will be divvied up based on providers' Medicare revenue. Verma also acknowledged certain providers, like children’s hospitals or some nursing homes, receive most of their money from other payers and said those providers will be a priority in a second batch of funding that will come later. America’s Essential Hospitals raised concerns with CMS’ plan to...

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