Physician & Practice Timeline®

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.

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.

The Small Business Administration has extended the deadline to apply for a PPP loan until May 31st. For more information, visit ACP’s COVID-19 Practice Financial Assistance page.

Join the American Medical Association (AMA) webinar series created to deliver actionable, solution-based resources, helpful guidance for alleviating stress on healthcare systems, and insights and expert perspectives on actions and interventions that drive proactive change. The first webinar, “Telehealth policy & coverage: What you need to know for 2021” is scheduled for January 14th. Visit the AMA webinar series page for details on registration and to see other topics that will be covered in the coming months.