In case you haven’t heard this news yet, HHS announced on May 22, 2020 that it has begun distributing billions in additional relief funds to skilled nursing facilities (SNFs) to help them combat the devastating effects of this pandemic. Nursing homes play a pivotal role in providing skilled care to our nation’s vulnerable seniors. During this pandemic, nursing homes have faced unique challenges as their population of high-risk seniors are more vulnerable to respiratory pathogens like COVID-19. This funding, which supplements previously announced provider relief funds, will be used to support nursing homes suffering from significant expenses or lost revenue attributable to COVID-19.
That Press Release reported that each SNF will receive a fixed distribution of $50,000, plus a distribution of $2,500 per bed. All certified SNFs with six or more certified beds are eligible for this targeted distribution. Nursing home recipients must attest that they will only use Provider Relief Fund payments for permissible purposes, as set forth in the Terms and Conditions, and agree to comply with future government audit and reporting requirements.
More information is found on CARES Act Provider Relief Fund website.