Billing Beat

Commercial Labs Push for Piece of $100b Coronavirus Relief

May 13, 2020
  • The American Clinical Laboratory Association, whose members include Quest Diagnostics and LabCorp, is asking the Department of Health and Human Services to immediately begin accepting applications from commercial labs for a $100 billion fund created under the Coronavirus Aid, Relief, and Economic Security Act.
  • ACLA said in an April 2 letter to HHS Secretary Alex Azar its members have performed nearly 1 million tests since early March and are entitled to financial relief from the Public Health and Social Services Emergency Fund for “healthcare related expenses or lost revenues that are attributable to coronavirus.”
  • Congress appropriated $100 billion as part of the CARES Act for “eligible healthcare providers” such as hospitals. However, it is not yet clear how this fund will be administered and on Friday HHS said some of it will be used to help cover care for the uninsured.

Source: https://www.medtechdive.com/news/commercial-labs-push-for-piece-of-100b-coronavirus-relief-fund/575514/

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