CMS accelerates payments to providers Agency anticipates advanced payments to be issued within seven days of requests
By HME News Staff
Updated Mon March 30, 2020
WASHINGTON - CMS announced on Saturday that it is expanding its accelerated and advance payment program for Medicare participating health care providers, including DME providers, during the coronavirus pandemic.
Accelerated and advance Medicare payments provide emergency funding and address cash flow issues based on historical payments when there is disruption in claims submission and/or claims processing.
“With our nation's health care providers on the front lines in the fight against COVID-19, dollars and cents shouldn't be adding to their worries,” said CMS Administrator Seema Verma. “Unfortunately, the major disruptions to the health care system caused by COVID-19 are a significant financial burden on providers.”
CMS is expanding the program for all Medicare providers throughout the country. The payments can be requested by hospitals, doctors, DME providers and other Medicare Part A and Part B providers.
To quality, providers must:
- Have billed Medicare for claims within 180 days immediately prior to the date of signature on the provider's request form
- Not be in bankruptcy
- Not be under active medical view or program integrity investigation
- Not have any outstanding delinquent Medicare overpayments
Medicare will start accepting and processing the accelerated/advance payment requests immediately. CMS anticipates that the payments will be issued within seven days of the provider's request.
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