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Old 03-21-2020, 02:42 PM
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senecacaptain
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Joined APC: Nov 2019
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Default $100B Hospital bailout

https://www.cnn.com/2020/03/21/polit...age/index.html

Some hospitals are running low on cash after canceling many elective procedures to devote more resources to the coronavirus outbreak.
Executives from three hospitals across the country detailed their dire fiscal conditions on a conference call Saturday hosted by the American Hospital Association. This may force some to close their doors just as the need for care skyrockets amid the pandemic.

The lobbying group, along with the American Medical Association and the American Nurses Association, are pressing congressional lawmakers to provide them with $100 billion in the stimulus plan that's now being hammered out on Capitol Hill.

The emergency fund would help cover lost revenue from suspending many elective procedures -- which can be lucrative for hospitals -- and pay for additional staffing, supplies, facility expansions and other costs related to the coronavirus pandemic, the industry groups say.
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