Tag Archives: Hospitals

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 »

HHS is releasing additional $10B to hospitals in COVID-19 hot spots

The Department of Health and Human Services through the Health Resources and Services Administration will next week start distributing an additional $ 10 billion in COVID-19 relief funds to hospitals in high impact areas. At the beginning of June, HHS asked hospitals across the country to submit data on their COVID-19-positive inpatient admissions between January… Read More »

To ‘Keep The Lights On,’ Doctors And Hospitals Ask For Advance Medicare Payments

This story also ran on USA Today. This story can be republished for free (details). Darrin Menard, a family physician in Lafayette, Louisiana, has spent the past month easing patients’ anxieties about the coronavirus that has killed 10 people in his parish so far. But Menard has his own fears: How will his medical practice… Read More »

Inundated With Flu Patients, U.S. Hospitals Brace for Coronavirus

With an intense flu season in full swing, hundreds of thousands of coughing and feverish patients have already overwhelmed emergency rooms around the United States. Now, hospitals are bracing for the potential spread of coronavirus that could bring another surge of patients. So far, only a dozen people in the United States have become infected… Read More »