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Governor Lee: $10 Million Available in Small, Rural Hospital Grants

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NASHVILLE (April 6) — Governor Bill Lee announced the State of Tennessee is allocating $10 million in Small and Rural Hospital Readiness Grants to support hospitals in financial strain due to the ongoing response to COVID-19.
“Small and rural hospitals are critical to fighting COVID-19 and these grants will help complement federal aid dollars to ensure hospitals can continue delivering care through this crisis,” said Lee. “These organizations not only provide care for existing needs but are also a key part of our efforts to build and maintain bed capacity during the expected surge of COVID-19 cases.”

The funds, capped at $500,000 per hospital, will be allocated from the state’s FY20 COVID-19 response appropriation and distributed by the Department of Finance and Administration.
For participating hospitals, the grants serves as a bridge over the coming weeks while elective procedures are suspended and new federal funds are processed.
Due to the continually developing nature of the pandemic, the application is open for a month or until funds are expended.

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