COVID RELIEF PACKAGE
The President signed into law the COVID-19 relief package that he had previously threatened to veto. The measure contains a number of far-reaching proposals that impact physicians, including helping to prevent or reduce significant Medicare cuts that physicians were going to receive; another $284 billion for the Paycheck Protection Program for small businesses, including physician practices who may have already received a PPP loan/grant; ensuring that receipt of a PPP loan/grant will not prevent a business from deducting expenses it might otherwise have deducted; and funding for an additional 1,000 medical residency positions. It also includes the federal provisions for addressing surprise out-of-network bills, which had been improved but still contained significant problematic provisions.