We applaud the U.S. Senate for passing the Medicare Sequester Relief Act which addresses the critical funding it will provide to New Hampshire healthcare providers by addressing the public health and economic crisis created by the COVID-19 pandemic. This financial relief will allow for continued support of providers' COVID-19-related lost revenues, as well as additional expenses due to activities such as purchasing supplies and equipment, standing up emergency testing centers and other challenges.
Since the pandemic began more than a year ago, it created not only a public health crisis but an economic one for many, including for hospitals and health systems statewide. Extending the moratorium on the Medicare Sequester cuts has been a significant priority for hospital and health systems who continue to suffer financial losses due to the COVID-19 pandemic. At a time when they need it most, this bipartisan Relief Act provides critical assistance to the health care heroes on the front lines who continue to fight this pandemic.
We are grateful for the support and leadership of Senator Shaheen, as one of the prime sponsors, as well as that of her colleagues in the Senate, in passing the Medicare Sequester Relief Act, as it will provide critical relief to ensure hospitals and front-line caregivers have what they need to continue caring for our patients and communities, today and into the future.