“These new funding sources will help our health care providers meet their needs during this critical time,” said Governor Murphy. “I am proud to say that our Administration and state agencies are working around the clock to pitch in to help during this crisis. We must continue to support our frontline workers.”

“This funding will help health care facilities most in need of support, such as hospitals and federally qualified health centers, as they respond to COVID-19 illness in our state,” said New Jersey Health Commissioner Judy Persichilli.  “Health care professionals are on the frontlines and the state is committed to helping them get the resources they need.”

The pre-payment, which advances $67.3 million in Charity Care, $60.5 million in Graduate Medical Education, and $14.6 million for University Hospital, will support increasing capacity to meet the anticipated patient growth including workforce demands, supplies, and medications. The Charity Care and Graduate Medical Education funds will be an advance of remaining fiscal year 2020 budget allocations for those programs.

The COVID-19 Aid program, which was approved by NJHCFFA Thursday, is a $6 million loan program to offset some of the unforeseen expenses incurred by this pandemic. Loans will: