Argentum - McKnight's Senior Living

Argentum

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Poll: Half of approved senior living providers still waiting for Provider Relief Fund aid

Almost half of the Argentum members who have applied and been approved for federal Provider Relief Fund monies to help with their coronavirus pandemic-related expenses have not received the aid yet, according to a new poll. And almost a third of the respondents that have received their funds estimate that they will cover one month or less of lost revenue or increased expenses due to the pandemic.

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Operators expected to keep more aid after HHS revises Provider Relief Fund reporting requirements in response to ‘significant opposition’

Citing “significant attention and opposition from many stakeholders and members of Congress,” HHS has revised requirements for Provider Relief Fund reporting and broadened the definition of “lost revenue.” The move, announced Thursday, is expected to enable senior living operators to retain a greater amount of federal aid they receive as they battle the coronavirus.

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