tci Medicare Compliance & Reimbursement - 2020 Issue Q2

Reimbursement: Know 2 COVID-19 Funding Options

Be aware that both carry stipulations attached to the reimbursement. If your Medicare practice is one of the many that are struggling to make ends meet, you may want to investigate two federal offerings that offer financial assistance during the pandemic. Background: Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Trump Administration has rolled out numerous relief plans to circumvent economic mayhem and assist citizens during the pandemic. Originally, two programs — the CARES Act Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA) and Medicare’s Accelerated and Advanced Payment Program — were...

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