Brief: "Key Takeaways from CMS’s Rural Health Funding Announcement"

KFF released “Key Takeaways from CMS’s Rural Health Funding Announcement,” which describes components of the $50 billion Notice of Funding Opportunity (NOFO) for the Rural Health Transformation Program. The brief describes five key takeaways from the NOFO, including how CMS intends to review state applications and distribute funds, the potential impact on rural hospitals, and issues related to oversight and transparency. Applications for the Rural Health Transformation Program are due on Wednesday, November 5, with applications approved by Wednesday, December 31.