The Biden administration announced the termination of a program that provided more than $2.55 billion in accelerated and advance Medicare payments to over 4,200 providers (hospitals and physicians) that suffered cash flow disruptions following the Change Healthcare cyberattack. CMS announced that Medicare payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will end on July 12.
A Titanic Shift at CMS: The Push to Trim Administrative Costs & Increase Audits – Knicole Emanuel’s Recent Post
Ms. Emanuel likens CMS to the Titanic in terms of how hard it will be to turn such a massive ship. Let’s hope this story will end differently.
