Posted on Tuesday, September 8, 2020
In March, CMS increased their advance and accelerated payment programs for Medicare providers to help with cash flow during the COVID-19 pandemic. Home health care agencies that partook in this program are looking to CMS for answers as it is now time to start repaying the money. At this point, CMS has not issued guidance on the recoupment plan and providers are in the dark.
Most providers expected to hear from CMS a few weeks ago, according to Beth Prince, vice president of revenue management services at Corridor.
“Our company handles billing and collections for a lot of agencies across the country — and none of our agencies have seen any recoups at all,” she told HHCN. “CMS has remained silent on the status of this.”
“Hospitals and professional organizations have really pushed to have that repayment period modified. One bill requested that all loans just be 100% forgiven,” Prince said. “I think that has caused CMS to maybe pause what they were looking at doing. I think part of it is because not everyone has returned to normal patient volumes. I think the resurgence — or the initial surge of COVID-19 in some areas — has impacted referrals that would have come from elective surgeries.”
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