The package would be split into a proposal for $748 million in aid for small businesses, jobless benefits and healthcare providers. The second proposal would be $160 billion in state and local aid as well as liability protections related to COVID-19.
The idea is to move two of the biggest sticking points, liability protection and state aid, into a second proposal to continue negotiations, while passing $748 million in aid.
House and Senate leaders are working to pass COVID-19 relief package before current government funding expires Dec. 18.
More articles on healthcare finance:
OIG oversight saved taxpayers $4B in 2020
Baylor Scott & White to lay off 102 employees, outsource jobs to India
Fitch revises nonprofit hospital outlook to stable for 2021, says downgrades will outpace upgrades
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.