According to the US Department of Health and Human Services [HHS] which oversees the Centers for Medicare & Medicaid Services, under the federal coronavirus aid relief bill known as the CARES Act, hospitals get an extra 20% in Medicare reimbursements on top of traditional rates due to the public health emergency.
Also, earlier this month, HHS announced a second round of federal relief for hospitals in high impact areas, totaling $10 billion.
Of that second-round money, HHS reported 63 California hospitals received $50,000 for each eligible coronavirus patient they admitted between Jan. 1 and June 10, 2020. That’s a combined total of more than $607 million.
Millions being paid out.
Thanks for those links/sources.