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1/ Is help actually getting to #PCP practices on the front-lines?

Only 21% of applications for COVID-19 financial aid have been approved from taking a closer look with @ElationHealth’s independent primary care practices.
2/ We tracked 56 applications for COVID financial relief across 35 medical practices late last week. Of those, only 12 had been approved and funded as of late April. Image
3/ PPP, EIDL and Express Bridge Loan programs were least likely to work. Medicare Advance Payment applications were the most likely (before that program was cancelled).
4/ The @SBAgov PPP loan program performed badly for our #PCP practices, with only 8% of applications being approved and funded in the first round. A new wave of these loans did happen over the weekend, so we may have some more success to report coming soon.
5/ Medicare Advance Payment requests through @CMSGov were the most responsive with 85% of requests being quickly approved and funded for our primary care practices.
6/ After approving 24,000 applications, CMS cancelled the program. As @AylaEllison reported, physicians are already asking for it to be restarted and expanded: beckershospitalreview.com/finance/physic…
7/ The $200 million @fccgov COVID-19 Telehealth program has so far only funded less than half (40%) of the applications we tracked.
8/ Surprising to see practices only applied for so few programs each, given their levels of hardship we’ve seen and reported by @PBGH_updates @aafp @PEPC_DC @PCPCC.
9/ We saw only three applications and zero funded for the other relief programs through payers, private foundations and states.
10/ Without the Medicare Advance Payment program from @CMSGov, the approval rate for these funding applications drops to just 12%. A discouraging rate for primary care practices already juggling a lot with COVID-19 patient care and financial hardship.
11/ Primary care practices need help, and they need it to be easier to receive. It’s not good enough when 8 out 10 applications for relief funding appear to be a waste of time. @Morning_eHealth /End
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