On March 28, 2020, the Centers for Medicare & Medicaid Services (CMS) expanded the Medicare Accelerated and Advance Payment Program (AAP), making the program available for most Medicare physicians and group practices. The AAP provided loans to applicants facing
Recipients of Provider Relief Fund payments exceeding $10,000 in aggregate must register in the Provider Relief Fund Reporting Portal. At present, there is no deadline for completing registration in the portal. Recipients will later receive a notification about when
All recipients of Provider Relief Fund (PRF) payments must comply with the reporting requirements as set by the Department of Health and Human Services. Below are some highlights of the registration process: Recipients of PRF payments exceeding $10,000 must
You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules make it hard for many people to qualify. But with proper planning, you may be able to time
Centers for Medicare and Medicaid Services (CMS) Evaluation and Management (E&M) Coding Changes May Impact Work Relative Value Unit (wRVU) Based Physician Compensation Arrangements and Fair Market Value Physician contracts including those with wRVU based compensation components may need to
The long-awaited Health and Human Services (HHS) Provider Relief Funding (PRF) post-payment reporting instructions were released September 19, then updated on October 22, 2020. These new instructions mark a shift from the FAQs originally included as part of the funding
On October 1, 2020, under the leadership of President Trump, the U.S. Department of Health and Human Services, through the Health Resources and Services Administration, announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic.