12 Jun Financial Relief Available for Behavioral Health Programs
There’s some great news for the behavioral health community from the Department of Health and Human Services (HHS):
HHS announced that they are making approximately $15 billion available to Medicaid and CHIP providers experiencing lost revenues or increased expenses due to COVID-19–specifically for those who have been left out of previous waves of financial relief. HHS is launching an enhanced Provider Relief Fund Payment Portal that will allow eligible providers to report their annual patient revenue, which will be used as a factor in determining their Provider Relief Fund payment.
The payment to each provider will be at least 2 percent of reported gross revenue from patient care; the final amount each provider receives will be determined after the data is submitted, including information about the number of Medicaid patients providers serve. Learn more about the program, or start your application to apply for funding now.
Behavioral health leadership has been working tirelessly behind the scenes to make sure mental health and substance use providers can get some financial assistance – ensuring patients have access to essential care even when practices face major financial distress. Check out NAMI’s resource page for more information about the CARES Act and how it can benefit your behavioral health practice.
A BIG thank you goes out to all care providers for the incredible work you are continuing to do on behalf of the behavioral health community!