The CARES Act, signed into law on March 27, 2020, includes funding for hospitals and health systems amid the COVID-19 crisis. ECG hosted a web-based discussion on April 9 to help healthcare leaders understand the potential impact of this bill on their organization’s finances as they navigate this unprecedented challenge. Our team of experts created a document to help answer the many questions that arose during that session. You can download the PDF below.
Additionally, as discussed during the webinar, ECG has developed a customizable calculator to help you understand the revenue and cash impact of the COVID-19 pandemic on health systems, from volume reductions to the amounts your organization could be entitled to under the CARES Act and other federal support.
If you have any immediate questions or concerns relating to the CARES Act, the calculator, or how your organization can navigate the unique challenges presented by the COVID-19 crisis, please do not hesitate to contact us.
If you have any immediate questions or concerns relating to the CARES Act, the calculator, or how your organization can navigate the unique challenges presented by the COVID-19 crisis, please do not hesitate to contact us.
DISCLAIMER
These answers are advisory and are based on ECG’s understanding of the situation at the time of publication. These answers do not constitute legal or medical advice.
Published April 20, 2020