WSC Brief: Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act Sec. 30611. Provider Relief Fund – Expenses and Lost Revenue Reimbursement
On May 12, House Democrats unveiled the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, the latest round of legislation to provide Americans with economic relief from the COVID-19 pandemic. The bill includes an additional $100 billion for the Provider Relief Fund, adding to the $100 billion and $75 billion previously provided by the CARES Act (P. L. 116-136) and the Paycheck Protection Program and Health Care Enhancement Act (P. L. 116-139), respectively. Unlike the earlier appropriations, which gave broad discretion to HHS on how the funds were to be allocated, the new funding included in this legislation would be used to reimburse providers for expenses and lost revenue based on a statutory formula.