Industry News

CMS Advanced Payment Program Responds to Pandemic

To assist with cash flow challenges during the COVID-19 pandemic, CMS has expanded its Advanced Payment Program to provide qualifying physicians an emergency upfront payment of up to three months’ Medicare payments based on historical claims information from Oct-Dec 2019. Physicians will need to repay this advance, and CMS has extended the repayment to give physicians 210 days from the date the Medicare Administrative Contractor issues the payment.