First payments issued for COVID-19 financial relief

The U.S. Department of Health and Human Services (HHS) is sending out the first $30 billion of a planned $100 billion in financial relief that Congress allocated to hospitals, physician practices and other health care organizations.

The relief comes under the Public Health and Social Services Emergency Fund in the Coronavirus Aid, Relief and Economic Security (CARES) Act and reflects the recommendations made to HHS Secretary Alex Azar by the AMA and more than 130 other state and medical specialty associations.

To understand this and other provisions of the CARES Act, the AMA has developed a “Physician Practice Financial Relief Guide” to help doctors take advantage of the $2.2 trillion package’s loans, grants and accelerated payment options.

My lede. The whole shebang.