CMS- Change in Funding for COVID-19 Economic Impact

by  Find-A-Code

On Sunday night April 26, 2020, CMS announced they will no longer be "accepting any new applications for the Advance Payment Program, and CMS will be reevaluating all pending and new applications for Accelerated Payments in light of historical direct payments made available through HHS’ Provider Relief Fund."

The COVID-19 Pandemic has caused severe harm to hospitals and providers, mainly the economic impact on the healthcare system stopping elective procedures and office visits. For more information on how the government is working on addressing the economic damage across our healthcare system go to HHS.gov CARES Act Provider Relief Fund.

FACT SHEET: EXPANSION OF THE ACCELERATED AND ADVANCE PAYMENTS PROGRAM FOR PROVIDERS AND SUPPLIERS DURING COVID-19 EMERGENCY

References:

CMS- Change in Funding for COVID-19 Economic Impact. (2020, April 27). Find-A-Code Articles. Retrieved from https://www.findacode.com/articles/cms-change-in-funding-for-covid-19-economic-impact-36593.html

© InnoviHealth Systems Inc

Article Tags  (click on a tag to see related articles)


Publish this Article on your Website, Blog or Newsletter

This article is available for publishing on websites, blogs, and newsletters. The article must be published in its entirety - all links must be active. If you would like to publish this article, please contact us and let us know where you will be publishing it. The easiest way to get the text of the article is to highlight and copy. Or use your browser's "View Source" option to capture the HTML formatted code.

If you would like a specific article written on a medical coding and billing topic, please Contact Us.


contact

innoviHealth Systems, Inc.
62 East 300 North
Spanish Fork, UT 84660
Phone: 801-770-4203 (9-5 Mountain)
Email:
free demo
request yours today
pricing
for any budget
sign IN
welcome back!

Thank you for choosing Find-A-Code, please Sign In to remove ads.