News & Press: OACHC Updates

CMS Reevaluates Accelerated Payment Program and Suspends Advance Payment Program

Tuesday, April 28, 2020   (0 Comments)
Posted by: Samantha Porter
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On April 26 CMS announced that following the payment of over $100 billion to healthcare providers and suppliers through the Accelerated Payment and Advance Payment Programs, they are reevaluating the amounts that will be paid under the Accelerated Payment Program and suspending its Advance Payment Program. Significant additional funding will continue to be available to hospitals and other healthcare providers through the Coronavirus Aid, Relief, and Economic Security (CARES) Act (PL 116-136) and the Paycheck Protection Program and Health Care Enhancement Act (PL 116-139) for healthcare providers.

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