Lexology April 1, 2020
Greensfelder, Hemker & Gale, P.C.

On March 27th, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act (“Act”). The Act is a massive piece of legislation, covering a number of aspects of economic life, including programs to maintain employment, assist workers, families and businesses, supporting the health care system, and providing assistance to distressed sectors of the U.S. economy.

Many health care providers may be wondering what changes the Act will bring to the health care field and hospitals may be wondering whether they would be eligible for any types of financial assistance.

The Act will provide a $100-billion-dollar relief package to eligible health care providers to “prevent/prepare for and respond to the coronavirus”...

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Topics: Congress / White House, Govt Agencies, Healthcare System, Patient / Consumer, Provider, Regulations, Trends
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