The Department of Health and Human Services (HHS) has announced an additional $15 billion distribution, targeted at providers serving Medicaid and CHIP recipients. Included among these recipients are eligible assisted living facilities that serve Medicaid residents. According to the National Center for Assisted Living, 16.5% of assisted living residents rely on Medicaid. Skilled nursing properties serving exclusively Medicaid residents are also eligible. To qualify, providers must not have received a payment from the Provider Relief Fund General Distribution.
Medicaid providers can use the HHS portal to complete the application process for funding requests. Funding will start at 2% of reported gross revenue for patient care. HHS will use additional information, including number of Medicaid residents served, to ultimately determine the final payment amount.
Industry associations continue to advocate to secure an allocation of funds to provide relief to private pay seniors housing operators who have served, and continue to serve, on the frontlines of the COVID-19 pandemic.