CMS Offers Advance Payments to Physicians/Providers Affected by Cyberattack Disruption
Helaina Winnicki - Latorre
CEO Medical Credentialing, CVO, Revenue Maximizing - EDI, ERA,EFT enrollments
Last week, the Centers for Medicare & Medicaid Services (CMS) introduced a program to expedite payments to Medicare providers affected by the February cyberattack on Change Healthcare's claims-processing systems. This initiative, named Change Healthcare/Optum Payment Disruption (CHOPD), follows advocacy from the American Medical Association (AMA) due to the estimated $100 million daily financial impact on healthcare. AMA President Jesse M. Ehrenfeld highlighted concerns for small practices and those serving underserved populations. The program allows providers to apply for payments covering up to 30 days of claims, based on past averages. However, repayment is required over 90 days through automatic recoupment from Medicare claims. Physicians must certify eligibility and acknowledge payment terms, including immediate repayment. CMS encourages collaboration with local Medicare administrative contractors. The agency commits to monitoring the situation and supporting affected Medicaid providers. Overall, the program aims to mitigate financial disruptions caused by the cyberattack, demonstrating CMS's commitment to supporting the healthcare system.
Interior Designer for 3Day Blinds
11 个月hey .. hope all is well ??