News Formal

Interim coronavirus stimulus gives more funds to healthcare industry - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Here's what the $484 billion coronavirus stimulus bill means for hospitals, doctors, and researchers

The program, known as the Paycheck Protection Program, provides forgivable loans to small businesses that keep their employees on their payrolls. The loans are allowed to go to medical practices and to community pharmacies.

As with the CARES Act, decisions about how to allocate the bill's funding are left to the Department of Health and Human Services, or HHS. That means providers across healthcare will be lobbying the agency for money.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why is there a picture of health professionals shown under this headline? 100 billion is for healthcare and 322 billion is for the Paycheck Protection Program. How much of that will go to employees? People have been getting laid off en masse.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Petition demands Ruth's Chris return coronavirus stimulus loan - Business InsiderMore than 150,000 people have signed a petition calling for Ruth's Chris Steakhouse to return $20 million in loans meant to help small businesses Ty jo, takova petice, aby se vratila dotace na toustak a penize se dali na najem OSVC a malym. milionchvilek ? Rat bastards.
Source: BusinessInsider - 🏆 729. / 51 Read more »