October 27, 2021
  • A new analysis from the Urban Institute found there is $26.8 billion left in a COVID-19 relief fund meant to shore up hospitals’ revenue holes caused by the COVID-19 pandemic. According to the analysis, $7.1 billion of the provider relief fund has not been allocated as of this month, and an additional $19.7 billion has been allocated to certain providers but hasn’t been sent out. Researchers also found that providers returned $8 billion in unspent grants. The analysis called for the Biden administration to better target which providers are still facing problems fighting the pandemic. (Press release here)