What the $2 trillion stimulus bill means for the healthcare industry - Business Insider

The 880-page legislation, called the "

The procedural move means most lawmakers can stay in their districts at a time when public health officials are urging as many people as possible to stay home. But it's also a risky maneuver given that the bill would fail to quickly make it to President Donald Trump's desk if a single member objects or requests a roll call vote.

The American Hospital Association, the American Medical Association, and the American Nurses Associationthat hospitals are losing $1 million a day from the pandemic, not just from screening and treating people who have the virus but also from purchasing additional supplies and forgoing revenue by delaying routine medical procedures.

Under the bill, drugmakers will need to report how much of their medicines they have in stock, must alert officials whenever they can't get an ingredient they need, and must craft a backup plan in case they should they run out of supplies. Medicines facing a shortage would get priority for review by the Food and Drug Administration.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bill Ackman detailed a $2 billion bet he made on coronavirus recovery - Business InsiderAckman redeployed 'substantially all' of the proceeds from the hedges by adding to existing investments, he said in a letter to shareholders.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How government wants to spend $2 trillion coronavirus economic stimulus - Business InsiderNearly half of the bill's sum is allocated to emergency loans for small businesses, larger companies, and state and local governments. ChinaVirus
Source: BusinessInsider - 🏆 729. / 51 Read more »

'A real step forward': Stocks climb after lawmakers agree $2 trillion coronavirus stimulus | Markets InsiderStocks climbed on Wednesday after US lawmakers agreed on a $2 trillion stimulus bill to buttress the US economy against the novel coronavirus. T... It took couple of trillions for millions clusterstock What’s wrong with this picture?
Source: BusinessInsider - 🏆 729. / 51 Read more »

What The $2 Trillion Coronavirus Relief Bill Means For The Entertainment IndustryThe text of the massive, $2 trillion coronavirus relief package reached early on Wednesday on Capitol Hill has yet to be released, but it is expected that the package will address a major concern o…
Source: DEADLINE - 🏆 109. / 63 Read more »