Q:
What is an advance payment and how do I apply for one?
A:
An accelerated/advance payment is a payment intended to provide necessary funds when there is a disruption in claims submission and/or claims processing. These expedited payments can be offered in circumstances such as national emergencies, or natural disasters in order to assist the impacted health care providers and suppliers. Payment Request forms vary by contractor and can be found on each individual Medicare Administrative Contractor (MAC) website. To locate your designated MAC, refer to this guide. You can also learn more about advance payments on this fact sheet provided by CMS.
Blog by Amie Martin, OTR/L, CHC, RAC-CT, Proactive Medical Review
Click here to learn more about Amie and the rest of the Proactive team.