SPECIAL BULLETIN COVID-19 #56: Key Federal Funding Available for Health Care Providers and Hospitals

<p>Congress has enacted three significant stimulus packages to help the country weather the COVID-19 pandemic, which&nbsp;establish a variety of funding sources to support providers, each with distinct features including which provider types are eligible, if providers must apply to be considered and if the financial benefit is a grant or a loan that must be repaid. NC Medicaid has created a summary of financial relief available by provider type.</p>

Congress has enacted three significant stimulus packages to help the country weather the COVID-19 pandemic:

  • Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (H.R. 6074)
  • Families First Coronavirus Response Act (H.R. 6201)
  • Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748)

These three packages establish a variety of funding sources to support providers, each with distinct features including which provider types are eligible, if providers must apply to be considered and if the financial benefit is a grant or a loan that must be repaid.

The “Key Federal Funding Available for Health Care Providers and Hospitals to Address COVID-19” document compiles information on the new federal funding available, organized by funding opportunity and eligible provider types. For each source of federal funding, the chart indicates whether providers must take some action to benefit, what action (if any) they must take, and where to find more information. 

In addition, NC Medicaid is implementing North Carolina-specific initiatives to support providers through the COVID-19 federal state of emergency declaration.

Additional Resources

Contact

Medicaid Contact Center: 888-245-0179
 

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