Category Archives: Medicare

Faster Advance Payments on Medicare Claims for Practices

As the COVID-19 pandemic continues to challenge practices in retina and elsewhere, the Centers for Medicare and Medicaid Services (CMS) has announced a new relief program that allows providers to maintain cash flow through advance payments for anticipated claims under Medicare parts A and B.

Under the Accelerated and Advance Payments Program for Providers and Suppliers plan, providers can apply now to their Medicare Administrative Contractors (MACs) to receive prepayment of 100% of historical Medicare reimbursement amounts for a three-month period.

(more…)

Continue reading