The offer was from U.S. Treasury Secretary Steven Mnuchin.
Included in the proposal are robust liability protections for hospitals as well as funds for vaccine distribution and the revival of the Paycheck Protection Program, according to The New York Times.
The proposal also includes a $600 direct payment to Americans, but does not revive a $300 weekly boost to unemployment benefits.
House Speaker Nancy Pelosi responded to the proposal, calling the reduction in money for unemployment benefits “unacceptable,” according to The Financial Times.
“I look forward to achieving bipartisan agreement so we can provide this critical economic relief to American workers, families and businesses,” Mr. Mnuchin said in a statement.
More articles on healthcare finance:
OIG oversight saved taxpayers $4B in 2020
Baylor Scott & White to lay off 102 employees, outsource jobs to India
Nonprofit Tennessee hospital rewarded overdue bill collection, rarely offered financial help, probe finds
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.