Hospitals and health care providers in America who have been impacted by the new coronavirus outbreak may notice a direct deposit from the Department of Health & Human Services (HHS) in their bank accounts. The payments are a component of the CAREs Act legislation enacted on March 27, 2020. The Act provides $100 billion in relief funds to hospitals and other healthcare providers on the front lines of the coronavirus response.
The payments that began Friday April 10th are a part of the initial disbursement of $30 billion intended to deliver funds quickly and transparently. $26 billion was already disbursed to providers by direct deposit. … Read More