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Tag Archives: Advance payment
Repayment Proposals for Advance Payments (AP) During COVID-19
As explained in a prior blog, CMS will grant providers advance payment of three-months of Medicare claims, with repayment due by the 120th day of issuance of payment. After that time, interest will attach to the unpaid balance and CMS … Read Full Post
Tagged Advance payment, Coronavirus, COVID-19, medicare, physician payment, repayment
Advance Payments (AP) During COVID-19
Many providers are feeling the financial pinch as a result of the business changes brought about by the COVID crisis. Chief among them is a disruption in claims payment from the Centers for Medicare and Medicaid Services (CMS) for services … Read Full Post