CMS has announced an expansion of its accelerated and advanced payment program for ambulance services to ensure they have the necessary resources to combat the COVID-19 virus. CMS is working to lessen the financial hardships of providers facing challenges related to the COVID-19 pandemic and ensures the nations’ providers can focus on patient care.
CMS will provide an advance for three months’ worth of revenue to services that are approved. Applications will be submitted to the ambulance services MAC. The MAC would make payments in seven calendar days of the request. Repayments would begin 120 days after payment is issued.
Reach out with any questions or concerns. All of us at Elevos appreciate everything you and your team do for your communities. We are praying for the safety of all, especially those of you on the front lines.