Accelerated Payments from Medicare
Wil
Description
Collection
Title:
Accelerated Payments from Medicare
Creator:
Wil
Date:
9/14/2012
Text:
Hello Colleagues and Guests,
I have received a reply from the Department of Health & Human Services.
Our written response to the many issues involved will take a
considerable amount of time, but we thought it was appropriate to share
one piece of information with you.
Quote from CMS: In cases when this is creating a financial hardship,
the supplier may request accelerated payments. The requirements for
requesting an advance payment can be found in the Internet Only Manual
(IOM) Pub. 100-6, Chapter 3, Section 150. An accelerated payment may be
issued where there is:
(Special character dot) A delay in payment by the fiscal intermediary
for covered services rendered to beneficiaries and this delay has caused
financial difficulties for the provider,
(Special character dot) In highly exceptional situations where a
provider has incurred a temporary delay in its bill processing beyond
the provider's normal billing cycle, or
(Special character dot) In highly exceptional situations where the
Centers for Medicare and Medicaid Services deems an accelerated payment
is appropriate.
A link to the actual document can be found at the oandpsolutions.org
website, under Links and then Under CMS, then under Medicare Financial
Management Manual - Chapter 3. We're not sure about all that is involved
with these accelerated payments, so you will have to read and act
accordingly.
It is interesting to note that two CMS letters were written and received
by us without dates. As such, you may want to date the receipt of your
letters received so you can go back and get an approximate date that a
document was written by Medicare, or other federal agencies. Some use
dates in their letters, some do not.
Hope this helps.
Wil Haines, CPO
MaxCare Bionics
Avon, IN 46123
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To unsubscribe, send a message to: <Email Address Redacted> with
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If you have a problem unsubscribing,or have other
questions, send e-mail to the moderator
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OANDP-L is a forum for the discussion of topics
related to Orthotics and Prosthetics.
Public commercial postings are forbidden. Responses to inquiries
should not be sent to the entire oandp-l list. Professional credentials
or affiliations should be used in all communications.
I have received a reply from the Department of Health & Human Services.
Our written response to the many issues involved will take a
considerable amount of time, but we thought it was appropriate to share
one piece of information with you.
Quote from CMS: In cases when this is creating a financial hardship,
the supplier may request accelerated payments. The requirements for
requesting an advance payment can be found in the Internet Only Manual
(IOM) Pub. 100-6, Chapter 3, Section 150. An accelerated payment may be
issued where there is:
(Special character dot) A delay in payment by the fiscal intermediary
for covered services rendered to beneficiaries and this delay has caused
financial difficulties for the provider,
(Special character dot) In highly exceptional situations where a
provider has incurred a temporary delay in its bill processing beyond
the provider's normal billing cycle, or
(Special character dot) In highly exceptional situations where the
Centers for Medicare and Medicaid Services deems an accelerated payment
is appropriate.
A link to the actual document can be found at the oandpsolutions.org
website, under Links and then Under CMS, then under Medicare Financial
Management Manual - Chapter 3. We're not sure about all that is involved
with these accelerated payments, so you will have to read and act
accordingly.
It is interesting to note that two CMS letters were written and received
by us without dates. As such, you may want to date the receipt of your
letters received so you can go back and get an approximate date that a
document was written by Medicare, or other federal agencies. Some use
dates in their letters, some do not.
Hope this helps.
Wil Haines, CPO
MaxCare Bionics
Avon, IN 46123
********************
To unsubscribe, send a message to: <Email Address Redacted> with
the words UNSUB OANDP-L in the body of the
message.
If you have a problem unsubscribing,or have other
questions, send e-mail to the moderator
Paul E. Prusakowski,CPO at <Email Address Redacted>
OANDP-L is a forum for the discussion of topics
related to Orthotics and Prosthetics.
Public commercial postings are forbidden. Responses to inquiries
should not be sent to the entire oandp-l list. Professional credentials
or affiliations should be used in all communications.
Citation
Wil, “Accelerated Payments from Medicare,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 1, 2024, https://library.drfop.org/items/show/233898.
