9 healthcare facilities return $166.5 M in CARES Act payments – Venture-Med: Buying Healthcare Development

Posted on July 19, 2020 by Design in Design Innovation | 0 Comments

Congress assigned $175 billion in relief aid to health centers and other doctor to cover expenses and lost revenues tied to the COVID-19 pandemic, a portion of which was devoted to hospitals hardest struck by the pandemic.

HHS has actually dispersed $12 billion in COVID-19 high-impact payments to medical facilities that treated great deals of COVID-19 clients. In May and June, nine medical facilities declined their high-impact payments and returned the funds, according to COVID-19 Stimulus Watch.

Coosa Valley Medical Center (Sylacauga, Ala.)
Grant amount: $8.7 million
Program name: Company Relief Fund COVID-19 High-Impact Payments
Funds returned May 21

Tanner Medical Center– Rental Property Rica (Ga.)
Grant quantity: $27.4 million
Program name: Company Relief Fund COVID-19 High-Impact Payments
Funds returned May 13

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