AHCA: COVID-19 Update #49 | Congress Approves Additional $75 Billion for Provider Relief Fund

Carl Pucci and Lisa Volk in Clinical & Quality, Finance & Reimbursement

Today, the House approved and the President is expected to quickly sign the Paycheck Protection Program and Health Care Enhancement Act, a bill that was passed by the Senate this week. The bill provides:

  • $75 billion for health care providers to support the need for COVID-19 related expenses and lost revenue. This funding is in addition to the initial $100 billion provided in the Provider Relief Fund as part of the CARES Act.
  • $25 billion for COVID-19 testing
  • $321 billion increase in the Small Business Administration’s Payment Protection Program (PPP) loan to allow for more small businesses to apply to receive aid.

All of the provisions above are in addition to the provisions that are in the CARES Act, that was signed into law by the President last month.

Please email COVID19@ahca.org for additional questions, or visit ahcancal.org/coronavirus for more information.

NYSHFA/NYSCAL CONTACTS:

Carl J. Pucci
Chief Financial Officer
518-462-4800 x36 

Lisa Volk, RN, B.P.S., LNHA
Director, Clinical & Quality Services
518-462-4800 x15