The Senate passed the Federal Coronavirus Aid, Relief, and Economic Security Act (CARES/H.R. 748) on Wednesday, March 25, 2020.
Today, March 27, the House has approved the bill.
This is the third major bill by Congress in response to COVID-19.
The purpose of the Act is to provide financial relief and resources to individuals, families and businesses particularly hard hit by the COVID-19 public health emergency (PHE).
Some important provisions to help healthcare providers respond include: the creation of an emergency fund program; additional support in caring for COVID-19 patients; relief from Medicare sequestration and; small business loans.
How might this legislation affect your practice?
We have summarized some major healthcare highlights for you:
Helping Hospitals, Healthcare Providers, and Small Business Owners
Health Coverage and Patient Access
Telehealth
Limitations of Liability for Volunteers
Patient Privacy and Substance Abuse Disorder
Healthcare Workforce
Medical Supplies and Drug Shortages
Click COVID-19 UPDATE Coronavirus Aid Relief and Economic Security CARES Act PASSED – Highlights For Your Medical Practice to read the Conventus Whitepaper for more details.