Repayment of Medicare Accelerated Payments Scheduled to Begin in April for Some Nursing Homes
By EsqSocial Corporation 02/04/21
Nursing homes that received Medicare loans to address cash flow issues stemming from the COVID-19 public health emergency (PHE) may soon see a reduction in Medicare reimbursement as Medicare begins to recoup a portion of reimbursement to apply to loan balances. Under the Medicare Accelerated and Advance Payment (AAP) Program, the recoupment process to repay loan balances is scheduled to begin one year from when Medicare issued an AAP payment to a provider or supplier. As a result, nursing homes...
By: Baker Donelson