Congressman Tim Ryan Announces Nearly $1 Billion in Federal Relief Funding for Ohio Healthcare Providers
Youngstown, Ohio – Congressman Tim Ryan (OH-13) today announced $989,773,417 in federal relief funds for Ohio hospitals and healthcare providers. Payments will begin going out today.
These funds will be distributed to 10,166 different hospitals and providers across the State of Ohio – a breakdown of individual disbursements had not yet been made available at the time of this release. These are payments, not loans, to healthcare providers, and will not need to be repaid.
“These funds will go directly to the healthcare providers and hospital systems that are on the frontlines combating this crisis. Ohio has been one of the hardest-hit states in the nation by the COVID-19 outbreak and the only way we are going to get through this is by providing our health care workers with the support and supplies they need to treat their patients and protect themselves. These funds are not loans, they do not need to be paid back, they will go directly those providers and hospitals keeping Ohioans safe,” said Congressman Tim Ryan.
These funds came as part of the first $30 billion installment of the total $100 billion relief fund for hospitals and providers in support of the national response to COVID-19. Initial payments went to hospitals and providers across Ohio and the United States that are enrolled in Medicare. Facilities and providers are allotted a portion of the $30 billion based on their share of 2019 Medicare fee-for-service (FFS) reimbursements.
These funds will be distributed by the U.S. Department of Health and Human Services (HHS) and were made available through the Coronavirus Aid, Relief, and Economic Security (CARES) Act recently passed by Congress and signed by President Trump.