Medicare Part B Suppliers No Longer Able to Receive Advance Payment Funds
Effective April 26, 2020, CMS suspended the Advance Payment Program for any Medicare enrolled Part B suppliers (including, for example, physician clinics, ASCs, DME suppliers, IDTFs, etc.). CMS also indicated that it will reevaluate all pending and new applications from hospitals and other Medicare enrolled Part A providers (e.g., hospice agencies, home health agencies, RHCs, etc.) under the Accelerated Payment Program, in light of direct payments being made by the Dept. of Health and Human Services under its Public Health and Social Services Emergency Fund.
CMS indicated that to date it has paid out over $100B in Accelerated and Advanced Payments, $59.6B of which went to Medicare Part A providers and $40.4B of which went to Medicare Part B suppliers.