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Physician & Practice Timeline®
The Timeline is a helpful summary of upcoming important dates related to a variety of regulatory, payment, and delivery system changes and requirements.
Reporting Requirements and Timeline Announced for Provider Relief Funds
On June 11, 2021, HHS issued revised reporting requirements for recipients of the Provider Relief Fund (PRF) payments. Recipients will have 90 days to complete reporting for each Payment Received Period in which they received one or more payments exceeding, in the aggregate, $10,000. If you received payments in Period 1 between April 10, 2020 to June 30, 2020, then you must use your funds by June 30, 2021. The reporting period will be open from July 1, 2021 to September 30, 2021. Visit ACP’s COVID-19 Practice Financial Assistance page for more information.
New COVID-19 Vaccine Administration Fees Reimbursement Program
The US Department of Health and Human Services (HHS) launched a new program, the COVID-19 Coverage Assistance Fund (CAF), to cover the costs of administering COVID-19 vaccines to patients enrolled in health plans that do not cover vaccination fees or cover them with patient cost-sharing. CAF will compensate providers for eligible claims at national Medicare rates. Funded through the Provider Relief Fund Program, CAF will accept eligible claims from providers dated on or after December 14, 2020. Claims must be submitted electronically and are subject to available funding. Learn more about CAF and submit a claim.
Medicare’s COVID-19 Accelerated and Advance Payment Program
CMS expanded the existing COVID-19 Accelerated and Advance Payments (CAAP) Program to a broader group of Medicare Part A providers and Part B suppliers. Accelerated and advance payments are payments intended to provide necessary funds to Part A providers and Part B suppliers when there is a disruption in claims submission and/or claims processing. For more information, visit ACP’s COVID-19 Practice Financial Assistance page.
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This service features triggered text alerts aimed at keeping you on top of upcoming deadlines and details related to regulatory, payment, and delivery system requirements. To sign up for these alerts, text ACPtimeline (no space) to 313131 from your mobile phone.