After a two-week impasse with Democrats and Republicans proposing competing COVID-19 pandemic relief bills, the Senate (on April 21, 2020) and the House (on April 23, 2020) approved a total of $480 billion of additional funds for various COVID-19 pandemic relief programs, including additional funding to the Payroll Protection Program, health care providers treating COVID-19 patients, and state and federal agencies for COVID-19 testing and contact tracing.» Read More
Update: On Thursday evening, April 23, 2020, the U.S. Department of Health and Human Services (HHS) extended the deadline for hospitals in the nation’s hardest-hit areas to apply for additional relief from the $10 billion CARES Act fund set aside for this purpose.» Read More
Beginning April 10, the U.S. Department of Health and Human Services (“HHS”), assisted by UnitedHealth Group, began distributing the $30 billion to health care providers and health care systems. These payments are not loans and will not need to be repaid.» Read More
On April 10, 2020, Pennsylvania Governor Tom Wolf announced the creation of a state loan program, entitled the Hospital Emergency Loan Program, or HELP for short, to assist hospitals that are facing unprecedented challenges from COVID-19. The loan program will provide immediate financial support to hospitals in Pennsylvania for working capital in order to retain health care personnel and acquire personal protective equipment.» Read More
The CARES Act, signed into law on Friday, contains a number of provisions affording financial relief to health care providers who have been struggling with the impact of the COVID-19 pandemic.
The Senate voted on Wednesday night to approve a $2 trillion COVID-19 relief package to help millions of American workers and businesses survive the impact of COVID-19. The Relief package is titled CARES Act (Coronavirus Aid, Relief and Economic Security Act) and includes COVID-19 relief for individuals, businesses, and the health care industry.» Read More