What you need to know about CMS’s recovery of COVID-19 Accelerated and Advance Payments

Background on Accelerated and Advance Payments - In March of 2020, CMS expanded the COVID-19 Accelerated and Advance Payments (CAAP) Program to additional Medicare Part A providers and Part B suppliers in response to the COVID-19 pandemic. An accelerated or advance payment is a payment that is designed to help cash flow disruptions during a national emergency. In line with the CARES Act and under the Continuing Appropriations Act, 2021 and Other Extensions Act, repayment under the CAAP...
By: Thompson Coburn LLP

Array