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Consumer Financial Protection Bureau releases proposed rule removing medical bills from credit reports
The Consumer Financial Protection Bureau June 11 released a proposed rule that would remove medical bills from credit reports. The rule would prohibit credit reporting companies from sharing medical debts with lenders and prevent lenders from making borrowing decisions based on medical information.
Article Misleads on Hospitals’ Charity Care Spending
Learn why it's reckless and wrong to allege that hospitals are deliberately squeezing their charity care spending to maintain financial viability.
AHA Associate Podcast Series | HACU
Kathleen Wessel, VP, Business Management and Operations with AHA, spoke with Jennifer Kleinhenz, SVP of Strategic Initiatives, and Joseph J. Kregul, President/CEO, for HealthCare Associates Credit Union (HACU). A long-standing Associate, HACU is a full-service, not-for-profit financial cooperative serving those who serve and support healthcare. HACU is member-owned and operated. It aims to keep costs down in order to provide above-market savings rates, below-market loan rates and less-restrictive loan underwriting policies. These policies are increasingly important during and after the COVID-19 pandemic.
AHA urges Congress to support health care programs in FY 2024 appropriations
AHA urged leaders of the House (LINK) and Senate (LINK) Appropriations Subcommittees on Labor, Health and Human Services, and Education to give favorable funding consideration in fiscal year 2024 to health care programs shown to improve access to quality health care for patients and communities.
Op-ed: Facing unprecedented challenges, America's hospitals and health systems need help now
In an op-ed piece for Fierce Healthcare this past weekend, Stacey Hughes, AHA’s executive vice president for government relations and public policy, urged Congress to step up to the plate and support hospitals amid unprecedented fiscal challenges, including escalating costs and workforce issues, each compounded by inflation and the COVID-19 public health emergency.
CMS releases guidance on optional Medicaid home health benefit for children
The Centers for Medicare & Medicaid Services released guidance on an optional home health services benefit for Medicaid-eligible children with medically complex conditions effective Oct. 1 under the Medicaid Services Investment and Accountability Act of 2019.
Study: Hospital community benefits far exceed federal tax exemption for fiscal year 2019
An analysis by Ernst & Young, released today by the AHA, shows that tax-exempt hospitals and health systems provided almost nine times the value of their federal tax exemption in 2019.
HRSA to award $100 million for primary care loan repayment program
States and territories can apply through April 8, 2022, for a portion of $100 million in American Rescue Plan Act funding to help repay educational loans for primary care clinicians in exchange for service in underserved communities, the Health Resources and Services Administration announced.
Fed updates FAQs for Main Street Lending Program
The Federal Reserve Board updated its FAQs on the Main Street Lending Program to clarify its expectations for nonprofit and other facilities regarding lender underwriting.
Senate bill introduced to restore tax-exempt advance refunding bonds
A bipartisan group of senators introduced the Lifting Our Communities through Advance Liquidity for Infrastructure Act, AHA-supported legislation that would restore tax exemption for advance refunding bonds.