Bailouts · Pensions, insurance, health & foreign

Hospital & provider relief (2020–23)

Who: About 420,000 payments to hospitals, doctors, and other health providers. What: Grants from the HHS Provider Relief Fund to cover pandemic losses and costs.

$178B
committed or authorized
$135B
paid out
$1.30B
recovered (repayments, dividends, fees)
$135B
net cost (grants kept by providers)

Outcome

Providers kept $135B; unspent funds were rescinded in 2023. HCA Healthcare returned its $1.6B.

Legal authority: CARES Act; Paycheck Protection Program and Health Care Enhancement Act; CRRSA.

Who got it: Largest single payees (billing entities)

NYC Health + Hospitals$1.22B
NewYork-Presbyterian$741M
Stanford Health Care$683M
Montefiore$476M
NYU Langone$435M
Cleveland Clinic$431M
Dignity Health$431M

Where it went: Top states

New York11.1% of the national total$15.0B
California9.5% of the national total$12.8B
Texas7.1% of the national total$9.60B

Oversight

Who was supposed to watch this money, and what happened to them. Oversight of every bailout →

Worth knowing

About $84B went to hospital-based systems (GAO).

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