January 12, 2021
On Jan. 4, 2021,
Corporate Counsel Business Journal published an article by McGuireWoods Consulting senior vice president
Stephanie Kennan and McGuireWoods healthcare associates
Timothy Fry and
Erica Jewell detailing the Provider Relief Fund provisions of the Consolidated
Appropriations Act, 2021.
The article summarizes changes to the definition of “lost revenue,” new
flexibility for utilizing relief fund payments, $3 billion in additional
appropriations and a new successor general distribution phase for eligible
healthcare providers.
The article was first published on the firm’s website as a McGuireWoods legal alert titled “New Spending Package Includes Provider Relief Fund Reporting Changes and More Funding.”