Tag Archives: cares

Nonprofit hospitals’ liquidity supports the ability to repay CARES Act loans, says Fitch

Repayment of loans provided under the Coronavirus Aid, Relief and Economic Security Act through the Centers for Medicare and Medicaid Services, is expected to begin soon. This has been a source of stress for some hospitals, but for nonprofits, there’s good news: This won’t materially affect their financial profiles, according to Fitch Ratings. Providers’ ratings… Read More »

‘Nobody cares about me’ Canadian stuck in Wuhan received little help from Global Affairs

As scores of his compatriots climbed off an evacuation flight from Wuhan, China, on Friday, Qi (Kevin) Jin was still languishing at ground zero of the coronavirus outbreak — and feeling decidedly abandoned. The Canadian citizen based in Toronto says he has registered repeatedly with Global Affairs Canada, but heard next to nothing from the department… Read More »