CMS Restricts Medicare Accelerated and Advance Payment Program

On April 26, 2020, the Centers for Medicare and Medicaid Services (CMS) suspended Medicare’s Advance Payment Program. CMS’s Accelerated and Advance Payment Program (AAPP) provides accelerated or advanced payments to Medicare providers and suppliers during national or public health emergencies.  These expedited payments help provide funding when circumstances disrupt claim submission and claim processing.  Providers…

Contracts and the COVID-19 Pandemic: Force Majeure and Other Considerations

Written By: Steve Lawrence & Miranda Preston In response to the COVID-19 pandemic, federal, state and local governments and health authorities have issued declarations of emergency, proclamations and orders intended to slow the spread of the virus. Many of these actions have resulted in businesses cancelling or postponing events and closing or limiting business operations…

CMS Offers Financial Relief to Healthcare Providers to Help with COVID-19 Cash Flow Challenges

In response to COVID-19, the Secretary of the U.S. Department of Health and Human Services (HHS) declared a public health emergency on January 31, 2020 (the “Public Health Emergency”).  On March 28, 2020, Centers for Medicare & Medicaid Services (CMS) announced that it was expanding its Accelerated and Advance Payment Program (the “Program”) to a…

Paycheck Protection Program Loan Forgiveness

The recently enacted CARES Act includes forgivable Paycheck Protection Program loans for small businesses (PPP Loan).  While the CARES Act includes parameters for loan forgiveness, we expect more details when the Small Business Administration (SBA) issues regulations implementing the program.  The CARES Act – Paycheck Protection Program Loan article outlined the method for determining the…