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Posts tagged as “hospitals”

Hospitals get extension of loan repayment in continuing resolution signed by President Trump

President Trump signs a continuing resolution that includes an extension of healthcare facility loan repayments. (Photograph by Pete Marovich – Pool/Getty Pictures)

Hospitals that took edge of federal loans to help them by means of the COVID-19 disaster have been given an extension to repay Medicare accelerated and advance payments.

Hospitals get an extension from 120 times of the loan to 29 months from the day of the first payment. In the course of the first 11 months in which any these kinds of payment offsets are made, twenty five% of the total is due through the succeeding 6 months, fifty% of the total is due and hospitals are remaining given 29 months from the day of the first payment ahead of requiring that the fantastic harmony be paid out in entire.

The evaluate was signed by President Trump previously right now as component of a continuing resolution to avoid

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