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COVID-19:
Accelerated/Advance Payments for Medicare Providers
On March 28, the Centers for Medicare
& Medicaid Services (CMS) announced 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.
You can find a copy of the fact
sheet here: www.cms.gov/files/document/Accelerated-and-Advanced-Payments-Fact-Sheet.pdf
You can find a copy of the
press release here: https://www.cms.gov/newsroom/press-releases/trump-administration-provides-financial-relief-medicare-providers
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To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
Monday, March 30, 2020
COVID-19: Accelerated/Advance Payments for Medicare Providers
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