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Posted Oct 9, 20203 min Read
On October 1, 2020, President Trump signed into law H.R.8337: Continuing Appropriations Act, 2021 and Other Extensions Act. The Continuing Appropriations Act provides continued Fiscal Year 2021 appropriations to federal agencies through December 11, 2020, essentially extending the current budget through the December 11th date. Of particular interest to nursing facilities, the Continuing Appropriations Act also modified the Accelerated and Advance Payment Programs under Medicare Parts A and B that were implemented as a result of the public health emergency.
Then on October 8, 2020, the federal Centers for Medicare and Medicaid Services (CMS) issued guidance on the changes made to the Accelerated and Advance Payment Programs by the Continuing Appropriations Act. CMS’s guidance can be found here and a corresponding FAQ document can be found here.
Under the Continuing Appropriations Act and the corresponding CMS guidance, the updated loan repayment terms of the Accelerated and Advance Payment Programs are as follows:
For questions related to the Accelerated and Advance Payment Program, CMS has established COVID-19 hotlines at each MAC that are operational Monday through Friday to assist all providers with accelerated or advance payment concerns. Providers should contact the MAC that serves their geographic area(s). To locate designated MAC areas, refer to the MAC Contact section of this document or visit the MAC website list.