WASHINGTON--(BUSINESS WIRE)--College of American Pathologists (CAP) President Patrick Godbey, MD, FCAP issued the following statement after the release of the Paycheck Protection Program Increase Act of 2020 on April 8:
“The College of American Pathologists strongly supports Senate legislation to increase the Paycheck Protection Program to ensure small businesses, including pathology practices and laboratories, can financially survive this unprecedented national emergency. While pathologists are working tirelessly to provide the necessary tests for their patients, we’ve heard from many of our members that they are losing revenue while incurring significant non-refundable expenses related to the COVID-19 pandemic. Immediate financial relief is crucial for practices that are extremely concerned about their ability to retain current employees and keep their practices operating. The CAP urges Congress to pass the Paycheck Protection Program Increase Act immediately so this legislation can be signed into law and our members can access these loans during this time of financial uncertainty.”
About the College of American Pathologists
As the world’s largest organization of board-certified pathologists and leading provider of laboratory accreditation and proficiency testing programs, the College of American Pathologists (CAP) serves patients, pathologists, and the public by fostering and advocating excellence in the practice of pathology and laboratory medicine worldwide. As a 501(c)(6) membership organization, the CAP is the only entity representing pathologists with unrestricted advocacy capability and a political action committee, PathPAC. For more information, visit yourpathologist.org to watch pathologists at work and see the stories of the patients who trust them with their care. Read the CAP Annual Report at cap.org.