ALBANY, N.Y. (WKBW) — U.S. Senator Charles Schumer announced Wednesday that New York hospitals and providers will receive $4.3 billion of a new $10 billion fund designated for so-called COVID-19, "hot spots".
“The lion’s share of hot spot funds – more than $4 billion dollars – are on the way to New York right now, and we sure need them,” said U.S. Senator Charles Schumer. “Our hospitals and providers have been the vanguard in the fight against the coronavirus, and these critical dollars will help keep the fight against the virus going strong. New York and its hospitals have been amongst the hardest hit in the nation, and with this funding going out, the frontline fight being waged by our health care system and its incredible workforce will receive the hot spot dollars they need, and so very much deserve to keep saving lives.”
According to Newsday, “New York State health care systems collectively expect losses of more than $1 billion during the height of the Covid-19 pandemic. The losses stem from hiring extra staff to treat patients, the costs of PPE and lost revenue due to the ban on elective surgeries
