Non-Profit U.S. Healthcare - Rising Costs of Care from the COVID-19 Pandemic
04/07/2020
The CARES Act signed into law by President Trump at the end of March allocated $100 billion, or about 4.5%, of the CARES Act’s $2.2 trillion to a Public Health and Social Services Emergency Fund to help healthcare facilities respond to the COVID-19 pandemic. This averages to about $108,000 per hospital bed in the U.S., which sounds like a substantial amount of aid at first glance until we dig into the details.
