Medicare Compliance & Reimbursement - 2020 Issue 12
Practice Management: Look for Medicare AAP Recoupment Relief
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Article Overview
This practice management article is for Medicare providers and billing teams affected by COVID-19-related cash flow disruption. It summarizes CMS updates to accelerated and advance payment repayment timelines, discusses related federal relief context, and highlights operational steps practices can take to monitor balances, plan cash flow, and prepare for possible repayment challenges.
Why This Topic Matters
The article matters because repayment timing and recoupment mechanics can affect revenue cycle planning, cash flow, and financial stability for practices that received Medicare advance funding during the pandemic.
Article Sections
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Notice October AAP Extension
This section covers CMS’s update to repayment terms for pandemic-related Medicare advanced payments and places the change in the context of federal relief efforts and CMS communications.
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Pocket These 4 Steps to Prepare for AAP Recoupment
This section outlines broad preparation topics for providers, including monitoring payment status, planning cash flow, tracking reimbursement activity, and considering available repayment options.
What You Will Learn
- How CMS updated repayment timing for Medicare pandemic-related advance payments
- What general financial planning topics providers should review before recoupment begins
- What repayment-related administrative information providers may need to monitor
- What broad options may exist if a provider cannot repay the balance on the standard schedule
Who Should Read This
- Medicare providers
- General surgery practices
- Practice administrators
- Billing and revenue cycle staff
- Healthcare finance professionals
Codes Discussed
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