House and Senate leaders, along with union bosses and White House officials, have been meeting all week in a hard push to strike a compromise on the health care package.
Hoyer, in an interview with CNBC, said he hopes Democrats can reach that point within the next few days.
"My expectation is that we will be getting very close today. Now, whether it's at noon time or later, I don't want to speculate," Hoyer said, according to Reuters.
The White House reached a breakthrough in talks with House Democrats and union leaders Thursday, agreeing to scale back plans for a tax on high-value insurance plans.
The bill passed both chambers before lawmakers broke for the winter recess. But a final, unified version will have to pass through the House and Senate again before it can go to the president's desk.