Remaining Congressional Session - There is very little time left in this Congressional session, and both the House and Senate are expected to depart in October to go home to campaign. The exact timing is unclear and the plans...more
Congressional stimulus packages appropriated $175 billion in relief funds under the CARES Act and the Paycheck Protection Program and Health Care Enhancement Acts for the benefit of hospitals and other healthcare providers in...more
On June 9, 2020, the U.S. Department of Health and Human Services (HHS) announced that it would distribute up to $25 billion of CARES Act Provider Relief Funds to safety net hospitals and state Medicaid and Children’s Health...more
On May 22, 2020 the U.S. Department of Health and Human Services (HHS) issued a 45-day extension of the deadline for providers who receive payments from the CARES Act Provider Relief Fund to accept the Terms and Conditions...more
The CARES Act—and the Paycheck Protection Program and Healthcare Enhancement Act (PPHEA) that supplied additional funding to programs under the CARES Act—disbursed approximately $2.7 trillion in relief funding across the...more
For-profit medical care providers that receive CARES Act grants to provide funds for healthcare-related expenses or lost revenues attributable to the coronavirus (COVID-19) may be taxed for those receipts. ...more
The US Congress on April 23 passed the Paycheck Protection Program and Health Care Enhancement Act (Enhancement Act), which expanded funding for the existing Paycheck Protection Program (PPP). ...more
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law on March 27, 2020, allocated $100 billion to the Provider Relief Fund (Relief Fund) designated for hospitals and other health care providers...more
With an interim relief measure, the Paycheck Protection Program (PPP) and Health Care Enhancement Act, now signed into law, the jockeying over a CARES 2.0 stimulus package has begun. What follows is a thumbnail sketch of the...more
Note: This is an update to our April 13 alert. CARES Act 2.0, signed into law on April 24, 2020, authorized additional funding of certain programs established in the initial CARES Act, including supplemental funding for...more
Robinson+Cole has been tracking government relief programs being offered to help alleviate the economic impact of COVID-19 on businesses in the United States. On March 27, 2020, the Coronavirus Aid, Relief and Economic...more
On April 24, 2020, a fourth COVID-19 relief bill, titled the Paycheck Protection Program and Heath Care Enhancement Act (the “Act”), was signed into law....more
Enhancements to Paycheck Protection Program and Economic Injury Disaster Loan Program - The PPPHCE Act increases the funding for the Paycheck Protection Program (“PPP”) by $310 billion from $349 billion to $659 billion, of...more
Friday, April 24th, President Trump signed into law the Paycheck Protection Program and Health Care Enhancement Act. Overwhelmingly approved by Congress, the Act includes $75 billion for healthcare and an additional $25...more
1. The Paycheck Protection Program and Healthcare Enforcement Act: What You Need to Know - On April 24, 2020, the President signed into law the Paycheck Protection Program and Healthcare Enhancement Act (the “Act”), amending...more
On April 23, 2020, Congress passed the Paycheck Protection Program and Health Care Enhancement Act, adding new provisions to help small businesses that had difficulty accessing the Small Business Administration loan programs...more
With the passage of the Paycheck Protection Program and Health Care Enhancement Act on April 24, 2020, the list of opportunities for hospitals and health care providers to seek and receive financial assistance in responding...more
Last Friday, President Donald Trump signed the Paycheck Protection Program and Health Care Enhancement Act (“PPP/HCEA”) into law. This legislation infuses approximately $300 billion into the recently depleted Paycheck...more
US President Donald Trump signed the Paycheck Protection Program and Healthcare Enhancement Act (HR 266) into law on April 24. HR 266 appropriates $483 billion in new spending, including $321 billion for the Payment...more
The United States Congress has passed, and continues to consider, legislative measures that, in addition to addressing the public health crisis, include massive fiscal stimulus proposals not seen since the 2008 global...more