Quote:
Originally Posted by cartman
But they didn't say ANY business that receives Medicare reimbursements, only non-profits. These non-profits are small companies too, and face the same financial pressures as the for-profit places. They specifically targeted these places that have been on their hit list for some time. Non-profits do not receive 100% of their operating income from Medicare. And Medicare pays on net-90, so being able to get a bridge loan could be vital for these places. It makes ZERO sense at all in a decalred pandemic to make things more difficult for a medical provider to operate.
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What's an example of a medical-related non-profit that gets medicare and is suffering to the level of airlines, restaurants, service businesses, etc? Again, I don't think they need this exclusion - but I'm not sure how much of the aid money would be going to these organizations to begin with. It's akin to excluding semiconductor industries that are still manufacturing. It's not really needed, but it's not really the target for this bill either.