Coronavirus Aid, Relief, and Economic Security (CARES) Act
At HCA Healthcare, we view our independent physicians and physician practices as an integral extension of our healthcare family. We know you are focused on the care and support of your patients, staff, and practice during this pandemic. We want to help.
Please explore details of the CARES Act programs below to familiarize yourself with the requirements. If you need help, we’ve established resources for further assistance.
CARES Line
We hope that you have found the CARES line resource to be helpful over the past several weeks. As the demand for support has decreased, the line has been closed as of the end of the day on May 29th. Please use the resources linked below to help answer any remaining questions you may have on these programs. If you need assistance navigating to the correct resource, you can call (615) 344-1459.
Paycheck Protection Program
These documents provide guidance on how your physician practice, as a small business, can leverage the federal Paycheck Protection Program during this difficult time.
- Intended to help keep staff employed
- Includes potential for partial or complete forgiveness of the loan
- 2-year term, 1% interest rate, no interest or principal payments for 6 months
Paycheck Protection Program Loan Forgiveness Application
For those who received a PPP Loan, the Loan Forgiveness Application can be found here.
Medicare Advance Payment Program
This document provides guidance on how you, as a Medicare provider or supplier, may be eligible for the Centers for Medicare & Medicaid Services (CMS) expanded Accelerated and Advance Payment Program for the duration of this public health emergency.
- Advance payments are available to any Medicare provider who submits a request to the MAC and meets eligibility requirements
- Advance payments are not subsidies or grants, and must be repaid to CMS
- Intended to help physicians with cash flow challenges they may experience as a result of the COVID-19 public health emergency
- Provides an advance equal to a provider’s Q4 2019 Medicare billings
Healthcare Provider Grant Program
This document provides guidance on how you may be eligible for a health care provider grant under the CARES Act Public Health and Social Services Emergency Fund.
- $100B Program under the Public Health and Social Services Emergency Fund
- Grants intended to help healthcare providers cover unreimbursed costs and lost revenue attributable to COVID-19
- Final details and eligibility to be finalized
DISCLAIMER: The information included on this site is subject to revision and interpretation based on pending rules and regulations. In addition, this information is only a summary of more detailed information and may not contain all the information that is important or relevant to you. This site is solely for your information, and no representation or warranty, expressed or implied is made. You should not place undue reliance on the accuracy, fairness or completeness of the information presented.