Becker's Healthcare April 1, 2020
ASCs may be eligible for financial relief under the CARES Act, a nearly $2 trillion stimulus package for small and mid-size businesses, The National Law Review reports.
What you should know:
1. On March 27, President Donald Trump signed into law the Coronavirus Aid, Relief and Economic Security Act. Providing direct financial assistance to Americans, aid to small businesses and employers, economic stabilization provisions, and additional support for healthcare providers, it’s the largest relief package in U.S. history.
2. The CARES Act will provide $377 billion in small business loans, as well as $500 billion in loans for distressed companies. A separate $150 billion is earmarked for hospital investments in equipment and infrastructure. It also sets aside payments for...
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