The agreement would include about $310 billion for the Paycheck Protection Program for small businesses, $60 billion for the small-business disaster fund, $75 billion for hospitals and $25 billion for COVID-19 testing, people involved in the talks told The Washington Post.
On Sunday, President Donald Trump said a deal could be reached Monday.
“We have some very good negotiations going on right now, and I think you could have a nice answer tomorrow,” the president said at the daily briefing of the coronavirus task force, according to the report.
House Minority Leader Keven McCarthy, R-Calif., said April 17 that he would support adding money specifically for hospitals in the aid package.
“Hospitals need the help. Hospitals are the modern-day soldiers,” he told The Wall Street Journal. “I’d like to see money in there — money in the PPP and money in hospitals — that would be a very smart move right now.”
More articles on healthcare finance:
Rural America braces for COVID-19 as more hospitals close
Private equity-owned physician practices locked out of CARES Act loans
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.