Hospitals and providers treating uninsured patients for COVID-19 have received little reimbursement from the federal government despite a program that aims to ensure uninsured Americans' don't face large COVID-19-related bills, according to the Kaiser Family Foundation.

Citing the financial headwinds from the COVID-19 pandemic, Cedar Rapids, Iowa-based Mercy Medical Center will place more than 200 employees on furlough or required leave, according to The Gazette.

President Donald Trump and his aides have put forward a $1.8 trillion COVID-19 relief package, their largest offer yet to House Speaker Nancy Pelosi, D-Calif., according to The Hill.

Trinity Health saw revenue decline in fiscal year 2020, and the Livonia, Mich.-based health system ended the period with a loss, according to recently released financial documents. 

Children's Healthcare of Atlanta has received a $200 million donation to support its $1.5 billion campus expansion.

Revenue cycle leaders continue to face challenges in several areas, including navigating complex payer dynamics, EHR optimization and meeting price transparency requirements.

Chicago-based CommonSpirit Health's plan to cut $2 billion in expenses will likely take five years instead of the planned four, the health system confirmed to Becker's Hospital Review. 

CMS detailed Oct. 8 the relaxed repayment terms for providers and suppliers that received COVID-19 loans. The CMS announcement comes after Congress loosened the loan terms and President Donald Trump signed the bill into law. 

Nashville, Tenn.-based HCA Healthcare released a preview of its third-quarter financial results on Oct. 8 and said it is returning $6 billion in federal grants and loans meant to offset financial strain tied to the COVID-19 pandemic. 

Mercy Iowa City (Iowa) will lay off 29 employees to address financial fallout from COVID-19, the hospital confirmed to Becker's.