The Biden administration plans to give some healthcare providers more time to spend emergency coronavirus money, after hospitals and lawmakers asked for an extension
The Biden administration on Friday plans to grant some healthcare providers more time to spend emergency coronavirus fundingCongress approved about $187 billion in several spending bills dating to the Trump administration to help hospitals recover losses related to the pandemic, but providers had to use the money by June 30, 2021, or return it.
The deadlines to spend the money will be staggered. Hospitals that got funds from July 1 through Dec. 31 last year will now have until Dec. 31 this year to use the money, according to federal officials. Those that got money from Jan. 1 this year through June 30 will get until June 30, 2022. Recipients of funds between July 1, 2021 and Dec. 31, 2021 will have until Dec. 21, 2022.
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