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Hospitals are getting a lot of FEDERAL assistance money.
Hospitals bid for $100 billion in next coronavirus package
Hospitals want $100 billion in the next relief package along with targeted changes to tax laws.www.politico.com
The $100 billion ask from the American Hospital Association — joined by the American Medical Association and American Nurses Association — is built around the argument that it's better to get federal assistance before the full force of the pandemic hits, to fortify a health system that lacks the beds, necessary equipment and the workforce to deal with a pandemic. Hospital lobbyists want a massive infusion of cash for specialized gear to protect workers, child care for doctors and nurses and to offset revenue lost from the suspension of elective surgeries and other new costs.
If we're going to give any industry a massive COVID bailout this makes the most sense as that money directly helps manage the outbreak and minimize morbidity and mortality by buying equipment and funding overtime demand for front-line health workers, in contrast to other industries requesting huge bailouts just to buffer financial losses of having to close their doors for a while.