tci Part B Insider - 2021 Issue Q2

Covid-19 Relief: See How New Funding Impacts Medicare Providers

Billions allotted to boost the public healthcare workforce. Medicare practices aren’t the main focus of the latest round of COVID relief, but there is still plenty of funding going toward bolstering struggling providers dealing with the fiscal woes brought on by the pandemic. Context: In March, President Biden signed the $1.9 trillion COVID-19 relief bill known as the American Rescue Plan Act (ARPA) into law. The legislation aims to turnaround the economic impact of COVID, and includes the much-anticipated $1,400 stimulus checks to qualifying Americans and $300 weekly in jobless benefits through September. “The ARPA...

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