Corridor’s Beth Prince on Countdown to Recoupment: CMS Hasn’t Started Loan Repayment Process for HH Providers

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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About Corridor

For over 30 years, Corridor has partnered with home-based care providers, delivering powerful solutions to support the unique challenges of caring for patients in the home. Our team of operating executives, clinicians, and nationally renowned industry experts have run provider organizations and resolved the same challenges you face.

Focusing on key operational, regulatory and financial challenges, Corridor delivers solutions and deep expertise in codingclinical documentationcompliancebilling and education.

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