Provider relief updates: PPP, Medicaid

Tuesday, July 7, 2020

President Trump has extended the deadline for small businesses to apply for a loan from the Paycheck Protection Program to Aug. 8. The original deadline was June 30, but as of that date, there was $130 billion still available in funding. On July 4, President Trump signed a bill that would extend the deadline to Aug. 8. “Any business that meets the qualifications for the program but has not yet applied now gets a second chance at the popular program,” VGM Government Relations stated in a bulletin…New guidance added to the Provider Relief Fund FAQs confirms that the Department of Health and Human Services is aware of a policy that penalizes Medicaid-focused providers who also serve Medicare beneficiaries, AAHomecare reports. The guidance states in the answer of one question, “Providers that are not eligible for this distribution may be eligible for future allocation of the Provider Relief Fund.” “While the new info falls short of guaranteeing measures that will provide relief for Medicaid-focused providers, the acknowledgement of the issue by HHS is a promising development,” AAHomecare states.