April 22, 2021

CMS Has Begun COVID-19 Accelerated & Advance Payments

On April 1, CMS announced that it has started to recover COVID-19 Accelerated and Advance Payments received by Medicare providers whose one year repayment date is up. Providers should contact their Medicare Administrative Contractor (“MAC”) to start repayments. If the advanced payment was or is repaid in full, the original repayment terms will not apply.  If a provider is having continued financial issues, providers and suppliers may reach out to its MAC to request an extension on its repayment schedule.