Matt Wolfe was quoted in Home Health Care News on an important deadline for providers to secure federal funding under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The deadline involves the second pot of funding the U.S. Department of Health and Human Services is distributing.
“At first, when [HHS] announced that second tranche of funding, they had said that they were just going to accept applications on a rolling basis. They did not provide any deadline,” Matt said. “At some point, I think they realized that they needed to cut things off. And so that’s why they announced that providers would have until June 3 to submit information.”
He also suggested providers ensure the funds they receive are being used to cover expenses that are directly tied to COVID-19.
“That would include buying additional personal protective equipment (PPE) or using the funds to make up for the revenue losses sustained in March and April,” Matt said.
You can read the full article here. HHCN is a leading publication focused on the in-home care industry.