Third Round of COVID funding for Assisted Living

$20 Billion in New Phase of Provider Relief Funding On October 1st, U.S. Dept. of Health and Human Services (HHS) announced additional funding for Assisted Living and Mental Health facilities.  The $20 Billion dollars considers financial losses and changes in operating expenses caused by the coronavirus.  Providers can begin applying for funds from October 5, 2020 through November 6, 2020. According to HHS Secretary Alex Azar, “This new round helps ensure that we are reaching America’s essential behavioral health providers and takes into account losses and expenses relating to coronavirus.”  HHS has already issued over $100 billion in relief funding to providers through prior distributions.  Still, HHS recognizes that many providers continue to struggle financially from COVID-19’s impact.  They also recognize constraints such as the stay-at-home orders and social isolation have been particularly difficult for American’s that live in assisted living facilities.   Eligibility Providers who previously received or rejected 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. Behavior Health providers. Healthcare providers that began practicing Jan. 1, 2020 through March 31, 2020 Payment Methodology Applicants that have not yet received Relief Fund payments of 2% of patient revenue will receive a payment that, when combined with prior payments, equals 2% of