23-April-2020 COVID-19 Resource Updates

Relief Package Bill Text and Summaries

Good afternoon, Congressional leaders and the Trump administration reached a tentative deal on an emergency economic rescue package that will replenish the SBA’s Paycheck Protection, Emergency Injury Disaster Loan, and Emergency Economic Injury Grant programs.

The legislation also includes funding for community health centers and rural health clinics and $25 billion to increase testing and contact tracing capabilities.
Notably, the legislation also provides an additional $75 billion in funding for hospitals and healthcare providers. The $75 billion is an additional amount for the Public Health and Social Services Emergency Fund (PHSSEF). The language follows the CARES Act in that it remains available to prevent, prepare for, and respond to coronavirus, domestically or internationally, for necessary expenses to reimburse, through grants or other mechanisms, eligible health care providers for healthcare-related expenses or lost revenues that are attributable to the coronavirus. The funds may not be used to reimburse expenses that have been reimbursed from other sources. Recipients must submit reports and maintain documentation as determined by the Secretary to ensure compliance with conditions.


Please see the bill text and summaries attached. The Senate is expected to vote this afternoon and the House to follow later this week.
We will keep you updated as the relief package moves through Congress. Please let us know if you have any questions.

Warm Regards,

Miranda

Miranda Franco | Holland & Knight
Senior Policy Advisor
Holland & Knight LLP

BAI20328.pdf

Paycheck Protection Program Increase Act of 2020 Section-by-Section FINAL.pdf

Summary Hospital and Testing FINAL 4.21.20.pdf


Updates on the CARES Act Public Health and Social Service Emergency Fund

All, please see another summary of the HHS announcement today regarding the provider relief fund from the Ways and Means committee. The attached may be most helpful.

Warm Regards,

Miranda

Miranda Franco | Holland & Knight
Senior Policy Advisor
Holland & Knight LLP

HD Cares Act Provider Relief Fund Fact Sheet.pdf