Health Law Alert: Important Changes To Medicare’s Accelerated And Advance Payment Program
“As part of a new funding bill enacted by Congress and signed into law on September 30, 2020, the repayment rules for the Medicare Accelerated and Advance Payment (“AAP”) program have been changed to significantly benefit healthcare providers who participate in the Medicare program. The new law provides some flexibility in repayment of the amounts advanced to providers by the Centers for Medicare and Medicaid Services (“CMS”). This flexibility includes both a delayed start for repayment, a longer period to repay the full sum, and a reduced interest rate for amounts that are not paid during the extended recoupment period.”
CLICK HERE to read the full Health Law Alert from Ruskin Moscou Faltischek, P.C.