Insight

Accelerated/advance payment for medicare providers and suppliers

To learn more about enhancements to CMS’s Accelerated & Advance Payment Program to help providers & suppliers during COVID.

Larry Kocot

Larry Kocot

Principal, Advisory, KPMG US

+1 202-533-3674

To get desperately needed funds into the hands of healthcare providers and suppliers during the COVID-19 pandemic, CMS has expanded its Accelerated and Advance Payment Program to a broader group of Medicare Part A providers and Part B suppliers.  CMS is authorized to offer accelerated payments during national emergencies and natural disasters.  Most providers and suppliers will be able to get 100 percent of the Medicare payment amount for three months, while specialty hospitals, acute care hospitals and critical access hospitals will receive significantly more.  For more information on the Accelerated and Advance Payment program, as well as the CMS fact sheet on the program, please click here.


 

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