53 NJ hospitals to share $1.7 billion in federal aid, Gov. Murphy says

TRENTON - Dozens of hospitals in New Jersey that have been treating coronavirus patients will be getting a large cash infusion from the federal government, which is providing billions of dollars to hospitals hardest hit by the pandemic.

The federal Department of Health and Human Services says 53 of the hardest hit hospitals are in the Garden State and will share a total of $1.7 billion in federal funding. The amount is the second largest given to any state, exceeded only by the amount going to health providers in New York.

The federal department said it is distributing $10 billion to 395 hospitals around the country that provided inpatient care for 100 or more COVID-19 patients through April 10 and will distribute an additional $2 billion to these hospitals “based on their Medicare and Medicaid disproportionate share and uncompensated care payments.”

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Gov. Phil Murphy said Saturday he was “incredibly satisfied” by the cash infusion, which he said would help the state’s health care systems stay on sound financial footing.

“Many of our hospitals have taken quite simply a financial beating over the past two months, in addition to the general beating they’ve taken as all of their resources have been focused on getting their staffs everything they need to be protected and everything COVID19 patients need to beat this virus,” he said.

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