CMS Expands Medicare Accelerated Payment Program to Help with COVID-19 Cash Flow Challenges

Health care policymakers are already taking advantage of the recently enacted Coronavirus Aid, Relief and Economic Security (CARES) Act to help out Medicare-reimbursed providers struggling with cash flow, reports. 

The U.S. Centers for Medicare & Medicaid Services (CMS) announced it was expanding its accelerated and advance payment program for Medicare providers, citing a need to further support the organizations on the frontline battling COVID-19. For home health providers, COVID-19 has affected cash flow in a variety of ways, with many burning through months’ worth of supplies in mere days and others seeing patients refuse visits.

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