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Changes to Medicare Accelerated and Advance Payments Program Repayment Terms Benefit Providers

Revisions to the repayment provisions of the Medicare Accelerated and Advance Payments program have been included as part of a federal government funding bill signed into law this morning. These revisions will benefit providers who received advance payments under this program but who may have had difficulty meeting the initial repayment terms. The changes to the repayment terms include postponing the recoupment start date, extending the repayment timeline, reducing the per-claim recoupment amount, and lowering the interest rate for loans not fully repaid by September 2022. More information is available here.

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All Curi recommendations are based on current CDC criteria at the time of publication. CDC guidance for SARS-CoV-2 infection may, or may not, be adopted by state and local health departments to respond to rapidly changing local circumstances. Providers should always check with their local health department to see if the CDC’s guidance on any given topic has been modified (particularly if more restrictive) from the CDC’s recommended guidelines. Follow this link https://www.cdc.gov/publichealthgateway/healthdirectories/index.html for contact information to your state/local health department. If local recommendations vary from those of the CDC, and you are unsure what recommendations to follow, then it is safer to follow the more restrictive guidelines/recommendations.