Third Stimulus Package on Track to be Signed on March 24

The Senate package, expected to soon be passed by the Senate and then the House, promises a Marshall Plan for hospitals with possibly as much as $130 billion in immediate emergency relief for hospitals and rapid help on accessing needed supplies such as ventilators, masks, COVID-19 tests, and workforce.

Billions of additional dollars were included for hospitals because of your efforts. Also included are $150 million in rural HRSA grants, temporary relief from devastating sequestration cuts, a 15% increase in COVID-19 Medicare PPS reimbursement rates, and a critical $1 billion for tribes and IHS funding.

Rural providers will also have access to a $562 million small business emergency relief fund to keep doors open. It is unclear exactly how the healthcare system funding will be distributed, as legislative text has not yet been released.