tci Medicare Compliance & Reimbursement - 2021 Issue Q2
Reimbursement: Know the Pros and Cons on COVID Financial Relief
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Article Overview
This article covers two related COVID-19 financial relief topics for healthcare providers: changes to the Paycheck Protection Program application timeline and current Medicare recoupment guidance for accelerated and advance payments. It is aimed at billing, reimbursement, and practice management audiences that need to track federal updates, MAC communications, and related administrative deadlines. The discussion also notes how payment recovery is being reported and which organizations have issued current guidance.
Why This Topic Matters
Providers and billing teams may need to respond to changing federal relief timelines, monitor Medicare payment offsets, and understand which organizations are issuing the latest instructions and remittance reporting updates.
Article Sections
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Review the Latest PPP Loan Update
Summarizes federal timing updates related to the Paycheck Protection Program and notes the agencies and organizations commenting on the change. It also references funding and processing considerations affecting applicants.
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Feds Offer New CAAP Recoupment Guidance
Explains recent Medicare guidance on accelerated and advance payment recovery and identifies the types of provider reimbursement situations discussed. It also mentions how contractors are reporting repayment activity and where updates may vary.
What You Will Learn
- How recent federal relief timeline changes affect provider loan applications
- What current Medicare guidance says about accelerated and advance payment recovery
- Which organizations and contractors are issuing and reporting relief-related updates
- How repayment activity is being reflected in Medicare remittance communications
Who Should Read This
- Medical billers
- Coding and reimbursement professionals
- Practice managers
- Medicare providers
- Healthcare administrators
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