On Friday, April 10, 2020, the Department of Health and Human Services (“HHS”) began distributing $30B of the $100B appropriated in the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act to the Public Health and Social Services Emergency Fund (“PHSSEF”), also called the “CARES Act Provider Relief Fund”. HHS distributed the funds to providers based on their 2019 Medicare fee-for-service (“FFS”) reimbursement. We understand that $26B of this $30B have already been directly deposited into providers’ accounts. Many providers have questions about what happens next. We address the top ten questions here.
Continue Reading HHS Distributes First $30B of CARES Act Provider Relief Fund – What Providers Need to Know and Do Next
Highlights From The Wall Street Journal’s Health Forum
The Wall Street Journal’s Health Forum convened—virtually—on March 24th during an extraordinary period in global health: the novel coronavirus is threatening populations, overwhelming provider systems, and sending economies into uncharted territory. The interactive event assembled executives, investors, health professionals, industry experts, and leaders in health policy to provide insight into managing the crisis.
Sheppard Mullin attended the Forum and has summarized below some of the outstanding content covered throughout the day.
Continue Reading Highlights From The Wall Street Journal’s Health Forum