Northwell reimbursed $109M for COVID-19 expenses

New Hyde Park, N.Y.-based Northwell Health is to be reimbursed more than $109 million for COVID-19 pandemic expenses, according to an Aug. 7 Newsday report.

Advertisement

The $109.4 million figure will refund expenses incurred by the health system on items such as protective personal equipment and disinfection and cleaning measures.

The reimbursements will be mainly funded by the $1.9 trillion American Rescue Plan passed in 2021, the report said.

Northwell has a $16.5 billion budget and the reimbursement figure represents less than 1 percent of that number.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.