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WolfePack Wisdom

Key Takeaways from Cares Act Provider Relief Fund Terms and Conditions

Coronavirus Aid, Relief, and Economic Security (“CARES”) Act authorizes $100 billion in relief fund to eligible healthcare providers to respond to COVID-19, which is based on the provider’s Medicare Fee-for-Service reimbursements, as reflected on the provider’s cost reports. On April 10, 2020, the Department of Health and Human Services (“HHS”) distributed an initial $30 billion

CMS’s Change of Heart for the Accelerated and Advance Payment Programs

In response to the 2020 Novel Coronavirus (COVID-19) pandemic, the Centers for Medicare and Medicaid Services (“CMS”) have expanded the Accelerated and Advance Payment Program (“AAPP”) to provide emergency relief in the short-term to a broader group of eligible providers. Under this program, providers may request up to 100% of their Medicare payment for a