Fact Sheet: Forgiveness of Accelerated Payments for Hospitals

The Centers for Medicare & Medicaid Services’ (CMS) Accelerated Payment program provides necessary funds when there is a disruption in claims submission and/or claims processing. The Coronavirus Aid, Relief, and Economic Security (CARES) Act expanded the accelerated payment program so that it included not only acute care hospitals, but also critical access hospitals (CAHs), children’s hospitals and cancer hospitals during a public health emergency. The CARES Act also issued more flexible payment and repayment terms for these providers. CMS further expanded eligibility for accelerated and advance payments during the COVID-19 public health emergency to all Medicare providers and suppliers.

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