For the second day in a row, Senate Democrats have blocked action on Republicans' $2 trillion coronavirus spending bill, according to The Washington Post.

The majority — 75 percent — of hospital executives think that their corporate services spending could be lowered, according to an analysis of a Healthcare Financial Management Association survey.

CMS is waiving reporting requirements and extending data submission deadlines for providers and hospitals participating in Medicare quality programs, the agency said March 22.

California will use $30 million in emergency coronavirus funding to lease two hospitals, one of which is currently shut down, according to an announcement from Gov. Gavin Newsom.

Senate Republicans' COVID-19 stimulus plan hit a speed bump March 22 when Senate Democrats blocked action on the proposal, according to The New York Times.

The coronavirus pandemic may close hundreds of rural hospitals across the U.S., the National Rural Health Association and hospital CEOs are warning, according to Kaiser Health News.

Moody's Investors Service changed for-profit hospitals' outlook from stable to negative due to how COVID-19 is expected to affect business operations.

New Hyde Park, N.Y.-based Northwell Health is delaying bill payments for patients treated at its facilities who have been financially affected by the COVID-19 pandemic. 

All Americans could get access to COVID-19 testing and treatment if a public health crisis insurance program based on Medicare was put in place, according to an opinion article published by USA Today.

Participation in Medicare and commercial bundled payment models could be affected by guidance that urges hospitals to cease elective surgeries amid the COVID-19 outbreak, according to The National Law Review.

Senate Republicans released their $1 trillion stimulus proposal on March 19, which is intended to deliver aid to the American public and US businesses and head off an economic disaster caused by the COVID-19 pandemic. 

Patients, even those with insurance, may take a wait-and-see approach to seeking COVID-19 testing or treatment because of concerns over medical bills, according to The New York Times. 

In response to the COVID-19 pandemic, Lewisburg, Pa.-based Evangelical Community Hospital has furloughed a "significant" number of employees who are not involved in direct patient care, according to Penn Live. 

The following seven health systems recently released financial updates:

Groups representing hospitals, physicians and nurses asked Congress March 19 for $100 billion in funding to offset losses tied to the COVID-19 pandemic.

Moody's Investor Services changed its outlook for nonprofit hospitals from stable to negative because of how the coronavirus outbreak is expected to affect cash flow.

ACOs and hospitals and physicians that participate in other value-based payment models are seeking to avoid the expected financial losses caused by the COVID-19 pandemic.

The COVID-19 outbreak could have a negative effect on NewYork-Presbyterian's operating results in 2020, according to a financial disclosure filed March 18.

A Tennessee health system may have to pay millions of dollars more in annual debt payments due to an interest rate surge — a trend that will likely begin affecting other hospitals across the U.S., according to Bloomberg. 

Trade associations from every sector of the healthcare industry sent a joint letter to Congressional leaders and Vice President Mike Pence, requesting immediate action on three time-sensitive requests to help address supply and capacity challenges amid the COVID-19 pandemic.