Your Voice is Needed:
Ask Congress to Forgive Health Care Loans!
As the onset of COVID began shutting down our nation and the globe, the healthcare industry and its dedicated workers stepped up to provide front line defense against the virus. Congress moved swiftly, initially, to provide much needed financial relief to healthcare providers across the nation as COVID cases increased, while the cancellation of elective procedures and other emergency costs – including the purchase of PPE – plunged the industry into strained financial scenarios. While some of the relief dollars came in grants, literally $100 Billion more came in the form of government loans for advance payments that must be repaid within a year, or risk penalty of high interest. With staggering losses in revenue across the industry, the requirement to pay back these loans with interest could be the death knell for many hospitals that were already in dire financial circumstances prior to the pandemic’s onset. And closure of those hospitals will put additional strain on those that remain – especially if our nation experiences a second wave of COVID later this year or next.
More than 1,000 hospitals and health systems across the nation are raising their voice to ask Congress to forgive the advance payment loans given to healthcare providers. We are asking you to consider adding your voice to this request. Congresswoman Marcy Kaptur, who represents Toledo and many surrounding communities across northwest and northeast Ohio, has boldly championed this loan forgiveness. Now we need all of Congress to join her! More than 90 members of the House of Representatives have endorsed the concept – but we need legislation included in the next relief package currently in debate. Known as the HEROES Act, we ask that you reach out to your members of Congress by adding your name to the petition Forgiveness for the Front Lines. Simply click on the link www.defendourhospitals.org and enter your name and home address (to ensure your appropriate Representatives are contacted). The message is written for you, and your name will automatically be added to the petition. Please also consider sharing this information with family, friends and others who have so willingly supported our front line workers throughout the pandemic so that our industry can continue to be here to care for those who rely on us – every day.
Learn more about forgiveness for the front lines.