Oklahoma Delegation Urges Trump Administration to Make Publicly Owned Hospitals Eligible for CARES Act Programs
Oklahoma’s Congressional Delegation, led by Congressman Frank Lucas (OK-03), penned a letter to U.S. Treasury Secretary Steven Mnuchin, U.S. Small Business Administrator Jovita Carranza, and Federal Reserve Chairman Jerome Powell urging that publicly trusted hospitals be made eligible for Paycheck Protection Program loans and other financial assistance programs. In Oklahoma, 43 rural hospitals are designated as a Public Trust making them ineligible for the Paycheck Protection Program (PPP).
“Our rural hospitals are in the perilous position of being on the front line against this public health emergency while also weathering the significant economic challenges and financial strain. In Oklahoma, 43 rural hospitals are established as a Public Trust under 60 O.S. § 176 of the Oklahoma Statutes. Many of these hospitals are not a 501(c)(3) or have both a 501(c)(3) and Public Trust designation, still making all of these hospitals ineligible for these critical financial assistance programs. In addition, these hospitals often receive no funding from the city or county of which the hospital is owned. These facilities are vital to rural Oklahoma, typically serving as both the largest employer and the only option for inpatient care in their communities,” wrote Oklahoma’s Congressional Delegation.
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