Healthcare DIVE March 26, 2020
The Senate passed an unrivaled $2 trillion stimulus package late Wednesday with $100 billion to provide a lifeline to the nation’s struggling hospitals coping with the novel coronavirus pandemic.
The American Hospital Association said it supports the bill as it will help providers on the front lines respond to COVID-19. The bill creates an emergency fund for hospitals, a provision they had been pleading for, and it also includes a 20% hike in Medicare reimbursement for hospitals that care for COVID-19 patients. The bill also carves out $1.3 billion for 1,400 community health centers across the country and $16 billion for the national stockpile of emergency medical supplies.
The legislation, which is expected to pass the House of Representatives on...
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