STOCKBRIDGE — Piedmont Henry Hospital has received $14.9 million from the bipartisan CARES Act and the Paycheck Protection Program and Health Care Enhancement Act, which provided $175 billion in relief funds to hospitals and other health care providers on the front lines of the coronavirus response.
The funding is from the $12 billion COVID-19 High-Impact Allocation, which is being distributed by the Department of Health and Human Services to 395 hospitals that provided inpatient care for 100 or more COVID-19 patients through April 10. These 395 hospitals accounted for 71 percent of COVID-19 inpatient admissions reported to HHS from nearly 6,000 hospitals around the country.
The distribution methodology takes into consideration the challenges faced by facilities serving a significantly disproportionate number of low-income patients.
“The funds from the federal government provided to Piedmont Henry Hospital as part of this legislation are designed to help cover the lost revenue associated with the cancellation of all non-emergency care, a step that Piedmont took on March 16,” the hospital said in a release statement. “During the pandemic, Piedmont Henry has cared for more than 200 patients who were positive for COVID-19. Piedmont Henry has experienced a decline in COVID-19 positive patients and currently has less than 10 COVID-19 positive patients.”
According to HHS, $10 billion of the $12 billion distribution was based on a simple formula to determine what each hospital receives: hospitals are paid a fixed amount per COVID-19 inpatient admission. The remaining $2 billion of the $12 billion was distributed based off each hospital’s portion of Medicare Disproportionate Share Hospital (DSH) payments and Medicare Uncompensated Care Payments (UCP).