Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Axios
Axios
Health

Medicare's coronavirus loans hit $51 billion

Hospitals, doctors' offices, suppliers and other health care facilities have now received $51 billion in "advance payments" from Medicare, the Centers for Medicare & Medicaid Services said Thursday.

The bottom line: Those funds, which act as a loan and have to be repaid, are up from $34 billion earlier this week. CMS has processed 21,000 of the 32,000 requests.

Go deeper: Hospitals are starting to get their coronavirus cash infusion

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.