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COVID-19 Preparedness Leads To Cash Crunch For Hospitals Print E-mail
Written by Lynn Hatter | Health News Florida   
Monday, 06 April 2020 17:02

Florida’s hospitals are under capacity as they anticipate a rise in COVID-19 patients within the month. The lack of patients, coupled with increased spending to bulk up on supplies, has some of these hospitals furloughing their staff. Jackson Memorial Hospital in Miami is the state’s largest, with nearly 800 beds. Many of those beds, about 370 of them, are empty according to state data as of Friday morning. Some nurses are being told to stay home for now.

“And we’re like, ‘are you crazy?’ This is not a time to be furloughing nurses, we need to be training them and if we’re lucky enough to have 4 weeks of peace, we can train them well," said Martha Baker, a Jackson Memorial nurse and local union president. Baker lamented about the plight in a recent conference call hosted by the SEIU, an employee union.

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Last Updated on Thursday, 21 May 2020 09:05
President Trump Signs into Law CARES Act Print E-mail
Written by BDO   
Wednesday, 01 April 2020 00:00

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid related to COVID-19. BDO summarizes the top provisions in the new legislation below, with more detailed alerts on individual provisions to follow. Click here for a link to the full text of the bill.

2020 Recovery Refund Checks for Individuals

The CARES Act provides eligible individuals with a refund check equal to $1,200 ($2,400 for joint filers) plus $500 per qualifying child. The refund begins to phase out if the individual’s adjusted gross income (AGI) exceeds $75,000 ($150,000 for joint filers and $112,500 for head of household filers). The credit is completely phased out for individuals with no qualifying children if their AGI exceeds $99,000 ($198,000 for joint filers and $136,500 for head of household filers).

Eligible individuals do not include nonresident aliens, individuals who may be claimed as a dependent on another person’s return, estates, or trusts. Eligible individuals and qualifying children must all have a valid social security number. For married taxpayers who filed jointly with their most recent tax filings (2018 or 2019) but will file separately in 2020, each spouse will be deemed to have received one half of the credit.

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Last Updated on Friday, 03 April 2020 18:19
More than 5,000 Surgery Centers Can Now Serve as Makeshift Hospitals During COVID-19 Crisis Print E-mail
Written by Liz Szabo & Cara Anthony | KHN   
Tuesday, 31 March 2020 12:37

The Trump administration cleared the way Monday to immediately use outpatient surgery centers, inpatient rehabilitation hospitals, hotels and even dormitories as makeshift hospitals, health care centers or quarantine sites during the coronavirus crisis. The Centers for Medicare & Medicaid Services announced it is temporarily waiving a range of rules, thereby allowing doctors to care for more patients. Hospitals and health systems overwhelmed with COVID-19 patients will be able to transfer people with other medical needs to the nation's 5,000 outpatient surgery centers, about half of which are affiliated with hospitals. 

It's going to get worse before it gets better Print E-mail
Written by Week in Review   
Monday, 30 March 2020 16:58

President Announces Social Distancing Policy Extended to Apr. 30
Shuttering of economy continues while case counts skyrocket
NYC, New Orleans and other hot pockets suffer shortages and capacity issues
Reuters via National Post 
Cigna, Humana become newest major insurers to cover COVID-19 treatment costs 
Congress passes key legislation that includes billions for U.S. hospitals
Debate rages on how long the lock down should continue
Last Updated on Thursday, 30 April 2020 09:58
The COVID-19 Health Crisis Escalates as Nation Faces Coronavirus Lockdown Print E-mail
Written by FHI's Week in Review   
Monday, 23 March 2020 18:56

Legislators in D.C. Work on Economic Stimulus Package
South Florida Non-Essential Businesses Closed

Existing drugs could be successfully re-purposed for COVID-19 Treatment

President Announces '15 Days to Slow the Spread' Initiative

Vaccine could be 18 months away

Financial Markets Tumble as Another Recession Appears Inevitable
Last Updated on Tuesday, 21 April 2020 18:04
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