• Tue. May 11th, 2021

Wolf Administration: New Funding Awarded to Assist Hospitals Across Pennsylvania

Marty Smith

ByMarty Smith

Apr 30, 2020
Wolf Administration: New Funding Awarded to Assist Hospitals Across Pennsylvania

(STL.News) – Governor Tom Wolf announced that nearly $324 million in funding has been awarded to 31 hospitals across the commonwealth through the Hospital Emergency Loan Program, or HELP, which provides short-term financial relief as hospitals combat the surge of COVID-19 cases in their area.

“As Pennsylvania continues to practice social distancing, we have successfully flattened the curve, but we know that our fight against COVID-19 is far from over,” said Gov. Wolf.  “This funding will allow our hospitals to hold steady in that fight with the peace of mind that they have access to the resources they need to provide critical care to their communities.”

A list of approved hospitals can be found here.

The loan package was made available to the commonwealth’s hospitals to provide immediate financial support for working capital to ensure that these facilities have sufficient personnel, equipment, and personal protective equipment.

The funding was dispersed by the Pennsylvania Infrastructure Investment Authority (PENNVEST) and is being administered by the Pennsylvania Department of Community and Economic Development (DCED) through the Pennsylvania First Program (PA First).

“Our number one priority is protecting the health and well-being of Pennsylvanians, and that priority extends from the home to the hospitals,” Governor Wolf said.  “By distributing this emergency funding to our commonwealth’s health care system, we are safeguarding our hospitals working hard to combat this virus.”

The federal Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020, with the goal of easing the financial strain of the pandemic and smoothing the transition back into regular health care operation.

Pennsylvania health care facilities licensed as hospitals by the Pennsylvania Department of Health under the Health Care Facilities Act of 1979 that are eligible to receive federal grant funding through the CARES Act are eligible for HELP.

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Marty Smith

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.