tci General Surgery Coding Alert - 2020 Issue Q4

Practice Management: Look for Medicare AAP Recoupment Relief

Does your practice have pandemic-related financial hardship? If your general surgery practice has suffered money woes due to the COVID-19 pandemic, CMS might have relief for you in the form of a loan recoupment program for Medicare providers. Review: CMS began expanding its Accelerated and Advance Payment (AAP) program last spring to help fiscally challenged providers deal with COVID-19-connected, cash-flow snafus. From March 28 to April 26, CMS distributed $106 billion through the program and offered extremely tight terms for repayment at 120 days from the date loans were issued. According to a CMS fact sheet, $98 billion went...

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