Many healthcare organizations have more questions than answers regarding the guidance provided on COVID-19 relief funding for hospitals and health systems. The logistical and compliance realities of managing funding from the CARES Act, FEMA, the Paycheck Protection Program, and the newly signed Emergency COVID-19 Relief Act of 2020 are often overwhelming and frustrating, as federal guidance has been inconsistent or incomplete.
The following expert financial- and healthcare-based guidelines will help organizations navigate and optimize COVID-19 relief funding.