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CMS NEWS
FOR IMMEDIATE RELEASE
March 28, 2020
Contact: CMS Media
Relations
(202) 690-6145 | CMS Media Inquiries
Trump Administration Provides Financial Relief for Medicare
Providers
Action comes to aid providers and suppliers facing challenges in
responding to COVID-19 pandemic
Under the President’s
leadership, the Centers for Medicare & Medicaid Services (CMS) is
announcing an expansion of its accelerated and advance payment program for
Medicare participating health care providers and suppliers, to ensure they
have the resources needed to combat the 2019 Novel Coronavirus (COVID-19). This
program expansion, which includes changes from the recently enacted
Coronavirus Aid, Relief, and Economic Security (CARES) Act, is one way that
CMS is working to lessen the financial hardships of providers facing
extraordinary challenges related to the COVID-19 pandemic, and ensures the
nation’s providers can focus on patient care. There has been significant
disruption to the healthcare industry, with providers being asked to delay
non-essential surgeries and procedures, other healthcare staff unable to work
due to childcare demands, and disruption to billing, among the challenges
related to the pandemic.
“With our nation’s health
care providers on the front lines in the fight against COVID-19, dollars and
cents shouldn’t be adding to their worries,” said CMS Administrator Seema
Verma. “Unfortunately, the major disruptions to the healthcare system caused
by COVID-19 are a significant financial burden on providers. Today’s action
will ensure that they have the resources they need to maintain their
all-important focus on patient care during the pandemic.”
Medicare provides coverage
for 37.4 million beneficiaries in its Fee for Service (FFS) program, and made
$414.7 billion in direct payments to providers during 2019. This effort
is part of the Trump Administration’s White House Coronavirus Task Force
effort to combat the spread of COVID-19 through a whole-of-America approach,
with a focus on strengthening and leveraging public-private relationships.
Accelerated and advance
Medicare payments provide emergency funding and addresses cash flow issues
based on historical payments when there is disruption in claims submission
and/or claims processing. These expedited payments are typically offered in
natural disasters to accelerate cash flow to the impacted health care
providers and suppliers. In this situation, CMS is expanding the program for
all Medicare providers throughout the country during the public health
emergency related to COVID-19. The payments can be requested by
hospitals, doctors, durable medical equipment suppliers and other Medicare
Part A and Part B providers and suppliers.
To qualify for accelerated
or advance payments, the provider or supplier must:
Medicare will start
accepting and processing the Accelerated/Advance Payment Requests
immediately. CMS anticipates that the payments will be issued within seven
days of the provider’s request.
An informational fact
sheet on the accelerated/advance payment process and how to submit a request
can be found here: www.cms.gov/files/document/Accelerated-and-Advanced-Payments-Fact-Sheet.pdf
This action, and earlier
CMS actions in response to COVID-19, are part of the ongoing White House
Coronavirus Task Force efforts. To keep up with the important work the Task
Force is doing in response to COVID-19, visit www.coronavirus.gov. For a complete and
updated list of CMS actions, and other information specific to CMS, please
visit the Current Emergencies Website.
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Get CMS news at cms.gov/newsroom, sign up for CMS news via email and follow CMS on Twitter CMS
Administrator @SeemaCMS, @CMSgov, and @CMSgovPress.
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Tuesday, March 31, 2020
CMS NEWS: Trump Administration Provides Financial Relief for Medicare Providers
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