CMS has expanded their current Accelerated and Advance Payment Program to a broader group of Medicare Part A providers and Part B suppliers.
| Eligibility requirements: |
| 1. Have billed Medicare for claims within 180 days immediately prior to the date of signature on the provider’s/supplier’s request form, 2. Not be in bankruptcy, 3. Not be under active medical review or program integrity investigation, and 4. Not have any outstanding delinquent Medicare overpayments. |
| Repayment |
| The repayment timeline is broken out by provider type below: ● Inpatient acute care hospitals, children’s hospitals, certain cancer hospitals, and Critical Access Hospitals (CAH) have up to one year from the date the accelerated payment was made to repay the balance. ● All other Part A providers and Part B suppliers will have 210 days from the date of the accelerated or advance payment was made to repay the balance. |
Resources:
https://www.cms.gov/files/document/Accelerated-and-Advanced-Payments-Fact-Sheet.pdf