COVID-19 Resource Center: Coronavirus Aid, Relief, and Economic Security (CARES) Act

Coronavirus Aid, Relief, and Economic Security (CARES) Act

ASCA Advocates for New Set of Priorities in Next COVID-19 Bill

ASCA urges congressional leaders to include liability protections for ASCs, financial support so that patient coverage is not interrupted, access to affordable personal protective equipment and equal treatment of healthcare facilities and providers in the next package of legislation related to the coronavirus pandemic.

ASCA Requests Legislation to Eliminate Tax Concerns Tied to Federal Funds

ASCA and others urge congressional leaders to enact legislation to correct unintentional tax consequences tied to vital funding supplied to healthcare providers as part of the nation’s response to the COVID-19 pandemic.

PPP Flexibility Act Signed Into Law

The Paycheck Protection Program Flexibility Act of 2020 lengthens the term of PPP loans, expands the loan’s coverage period and provides greater flexibility on how loans can be spent while remaining forgivable.

Treasury and Federal Reserve Announce Lending Program for Midsize Businesses

The US Department of the Treasury (Treasury) and the Federal Reserve Board (Federal Reserve) released information on the Main Street Lending Program developed to provide additional support to businesses employing up to 15,000 workers or with revenues less than $5 billion. This lending program is authorized under the CARES Act.

HHS Extends Deadline for Attestation, Acceptance of Terms and Conditions for Provider Relief Fund Payments to 45 Days

The attestation deadline for healthcare providers that wish to keep the grants the US Department of Health & Human Services (HHS) began distributing April 10 has been extended from 30 to 45 days.

Now Available: $20B in Grants to Eligible Healthcare Providers, including ASCs

The US Department of Health & Human Services (HHS) has allocated an additional $20 billion in grants to Medicare providers, including ambulatory surgery centers, starting today.

Coronavirus Relief Extension Signed into Law

President Donald Trump today signed legislation that replenishes financial support programs created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and provides additional funding for COVID-19 testing.

$20B in Grants to Eligible Healthcare Providers, including ASCs, Available Beginning April 24

Beginning April 24, 2020, the US Department of Health & Human Services will allocate an additional $20 billion in grants to Medicare providers, including ASCs, as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020.

CARES Grant Attestation Portal Now Live

Healthcare providers can now attest that they wish to keep the grants the US Department of Health & Human Services (HHS) began distributing last Friday.

HHS Clarifies Terms and Conditions for Grant Recipients

The US Department of Health & Human Services (HHS) issued clarification that ASCs that are temporarily closed or not directly managing known COVID-19 patients qualify for a share of the agency’s $30 billion grant distributions.

HHS Announces Distribution of $30B in Grants to Medicare Providers, Including ASCs

The US Department of Health & Human Services (HHS) announced how it will allocate $30 billion in grants to Medicare providers, including ambulatory surgery centers.

Further Guidance on Affiliation Rules for Paycheck Protection Program Loans

The US Small Business Administration (SBA) released a Frequently Asked Questions document to provide further guidance on borrower and lender questions related to the implementation of the Paycheck Protection Program (PPP).

Additional Guidance on Affiliation Rules for Paycheck Protection Program Loans

Additional guidance from the federal government was issued on the affiliation rules for Paycheck Protection Program loans.

SBA Issues Interim Final Rule on Paycheck Protection Program

The Small Business Administration (SBA) issued an interim final rule for the implementation of the Paycheck Protective Program loans and forgiveness criteria.

Third Coronavirus Relief Bill Signed into Law

President Donald Trump today signed legislation that provides three possible sources of financial assistance for ASCs facing COVID-19 hardship.

US Small Business Administration (SBA): Disaster Loan Assistance Portal

Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters