CMS head clarifies PPP funds’ impact on rural hospitals’ Medicare payments
The Centers for Medicare & Medicaid Services does not intend for Paycheck Protection Program funds to impact Medicare payments to rural hospitals, CMS Administrator Seema Verma said in a tweet yesterday.
“More guidance will be out soon that’ll explain how hospitals should report those funds on their Medicare Cost Reports,” Verma said.
AHA has advocated for CMS to permit hospitals to treat all COVID-19-related funds, including PPP and emergency relief funds, as grants in the cost report to prevent offsets that would affect cost-based reimbursement.
Related News Articles
Headline
The AHA shared the following statement with the media in response to a report released May 7 by Families USA. “This report is long on rhetoric and…
Headline
The AHA May 7 wrote to House and Senate lawmakers in support of the Medicare Advantage Improvement Act (H.R. 8375/S. 4384), bipartisan and bicameral…
Headline
The Centers for Medicare & Medicaid Services announced May 6 that it will provide access to certain glucagon-like peptide-1 (GLP-1) medications to eligible…
Headline
The AHA today submitted comments on the Centers for Medicare & Medicaid Services’ proposed revisions to Medicare Advantage and Part D reporting…
Headline
The Centers for Medicare & Medicaid Services has begun collecting private payor rate data through its Fee-for-Service Data Collection System Clinical Lab…
Headline
Sens. Chuck Grassley, R-Iowa, and Michael Bennet, D-Colo., April 30 introduced the Rural Community Hospital Demonstration Reauthorization Act, legislation that…