Provider Funding Under the CARES Act: What Strings Are Attached?

The recently passed CARES Act provided $100 billion in relief funds to hospitals and other healthcare providers impacted by the COVID-19 pandemic. From these funds, the Department of Health and Human Services (HHS) began distributing $30 billion in direct payments to eligible Medicare providers on or around April 10 intended to reimburse providers for healthcare-related expenses and lost revenue attributable to the pandemic.