FAH wants more time, lower rates on advance Medicare payments
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RevCycle Intelligence
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The Federation of American Hospitals (FAH) is demanding more time to repay advanced Medicare payments made to hospitals during the COVID-19 pandemic. In a new campaign launched last week, the association representing for-profit hospitals called on Congress to extend the repayment start date for payments made through the Medicare Accelerated and Advance Payment Programs into 2021 and to waive or limit the interest rate attached to the upfront payments. And these changes must be made immediately, the group warned.
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