Billing Beat

Repayment of COVID-19 Accelerated and Advance Payments Began On March 30, 2021

April 13, 2021

This article informs all Medicare providers and suppliers who requested and received CAAPs that we began recovering those payments as early as March 30, 2021, depending upon the 1 year anniversary of when you received your first payment.

If you received an accelerated or advance payment, CMS will begin to recoup any outstanding balance from any payments due to you from your Medicare claims. This began as soon as March 30, 2021, depending upon the 1 year anniversary of when you received your first payment. CMS will show the recoupment on the remittance advices issued for Medicare Part A and B claims we process after the 1 year anniversary of issuing the first payment. The recoupment will appear as an adjustment in the Provider-Level Balance (PLB) section of the remittance advice. Institutional providers who get Periodic Interim Payments should note that we won’t include CAAPs in the reconciliation and settlement of final cost reports. Instead, we’ll recoup from your periodic interim payments.

Source: https://www.cms.gov/files/document/se21004.pdf

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