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10/06/2020

Medicare Accelerated/Advanced Payment Revisions

 

Last week, as part of the short-term spending bill passed by Congress, several changes were made to the Accelerated and Advanced Payment program. The changes relax many of the terms of repayment for physicians that took advantage of the program in March as the pandemic started shutting down practices.


The newly-passed flexibility includes:

Over the next several weeks, CMS is expected to offer specific guidelines outlining the changes—as well as provide more details regarding how physician practices can notify their Medicare contractor to take advantage of the new flexibility.

OSMA will notify members with these specifics are released by CMS.


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