CMS Reevaluates Accelerated Payment Program And Suspends Advance Payment Program

Published in Member Communities on April 27, 2020

An Accelerated/Advance Payment is intended to provide necessary funds when there is an interruption in claim submission. The expedited payments are offered in circumstances including natural disasters or national emergences, such as the COVID-19 pandemic. The temporary loan programs are available to both Part A and Part B providers/suppliers as resource to assist with cash flow disruptions.  
 
Effective April 26th, 2020, CMS will not be accepting any new applications for the Advance Payment Program and will be reevaluating all pending and new applications for the Accelerated Payment Program. Currently, suspension for the Advance Payment Program applies to Part B suppliers.
 
According to the release by CMS, “Since expanding the programs on March 28, 2020, CMS approved over 21,000 applications totaling $59.6 billion in payments to Part A providers, which includes hospitals. For Part B suppliers, including doctors, non-physician practitioners and durable medical equipment suppliers, CMS approved almost 24,000 applications advancing $40.4 billion in payments.”

While the Advance Payment Program may be suspended for suppliers, there are still other opportunities available for funding. Stay tuned for further updates. For any questions related to the Accelerated/Advance Payment Program, please reach out to Ronda Buhrmester at [email protected] or via phone/text at 217-493-5440.


comments powered by Disqus

From Our Experts

Seat Elevation Congressional Sign-On Letter Sent to CMS thumbnail Seat Elevation Congressional Sign-On Letter Sent to CMS Early in October, we asked for your assistance to call your representatives and ask them to sign on to the CRT Congressional letter to CMS. The letter was sent to CMS with 77 signatures on October 6, 2021. Minding the Customer Experience: In-Person, Online, and With Shipping thumbnail Minding the Customer Experience: In-Person, Online, and With Shipping Rob Baumhover discusses how to build repeat customers through customer service and customer experience. HME Woman of the Year Nominations Now Open thumbnail HME Woman of the Year Nominations Now Open Nominations for the 2021 HME Woman of the Year Award are being accepted through Oct. 22. HME Woman of the Year Nominations Now Open thumbnail HME Woman of the Year Nominations Now Open Nominations for the 2021 HME Woman of the Year Award are being accepted through Oct. 22. VGM & Associates Releases Sales and Marketing-Focused Playbook thumbnail VGM & Associates Releases Sales and Marketing-Focused Playbook VGM & Associates has released the fourth installment of their 2021 quarterly playbook series, “VGM Playbook: Optimizing Sales and Marketing in the DMEPOS Space.” Growing Your Business in Today's Environment: Getting Started in Women's Health thumbnail Growing Your Business in Today's Environment: Getting Started in Women's Health The women's health market can be a rewarding, profitable, and worthwhile business. Nikki Jensen, VP of Essentially Women discusses how you can get into the women's health business. House Signatures Needed for CRT Congressional Letter to CMS thumbnail House Signatures Needed for CRT Congressional Letter to CMS NCART and U.S. Rehab have been working with the ITEM Coalition to secure Medicare coverage for Seat Elevation and Standing Systems used with Complex Rehab Technology (CRT) power wheelchairs. To encourage CMS to prioritize the request and proceed to the next step in the review process, a bipartisan Congressional sign-on letter is being circulated in the House of Representatives. VGM Wound Care Launches New Diabetic Program Guide thumbnail VGM Wound Care Launches New Diabetic Program Guide The guide includes directions on how to get a diabetes program started and how to develop your program.