In these challenging Coronavirus times, besides trying to stay physically and emotionally healthy [the most important things], one has to consider financial health and viability as well.

CMS came out with some news on Saturday, March 28, 2020 which may be very useful for our healthcare clients.

 

Please see below for details and links.

If we may help in any way, please let us know.

COVID-19: Accelerated/Advance Payments for Medicare Providers

On March 28, the Centers for Medicare & Medicaid Services (CMS) announced an expansion of its accelerated and advance payment program for Medicare participating health care providers and suppliers, to ensure they have the resources needed to combat the 2019 Novel Coronavirus (COVID-19). This program expansion, which includes changes from the recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act, is one way that CMS is working to lessen the financial hardships of providers facing extraordinary challenges related to the COVID-19 pandemic, and ensures the nation’s providers can focus on patient care.

You can find a copy of the fact sheet here.

You can find a copy of the press release here.

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Vasilios “Bill” J. Kalogredis

Chairman, Health Law Department

610-701-4402

Vasilios (“Bill”) J. Kalogredis is Chairman of Lamb McErlane’s Health Law Department. Bill has been exclusively practicing health law for over 40 years, representing physicians, dentists, group practices, other health care professionals and health care-related entities.