HAP Radiology Billing and Coding Blog

Expansion of Federal Funding to Assist Radiology Practices

The latest legislation designed to assist businesses during the COVID-19 public health emergency is known as the “Paycheck Protection Program and Health Care Enhancement Act”, signed into law on April 24, 2020.  It provides $484 billion to supplement the programs initiated under the CARES[1] Act, including $310 billion of additional funding for the Paycheck Protection Program (PPP) loans administered by the Small Business Administration (SBA).  There have also been revisions to the Medicare Accelerated and Advance Payment Program and expansion of the HHS “Lost Revenue/Increased Cost” Grants.

Categories: radiology, CARES Act, COVID-19, Paycheck Protection Program

CARES Act Relief for Radiologists-Recommended Follow-Up Steps

The flurry of legislative and regulatory activity over the past two months leaves us with our heads spinning!  Some funding, such as the $30 billion distribution of CARES[1] Act Grant Funds, came to practices automatically and unexpectedly while other sources such as the Paycheck Protection Program through the Small Business Administration (SBA) have taken a lot of work with little result so far.  We reviewed as many federal programs as possible in our recent articles HHS Provider Relief Payment and Your Radiology Practice and What We Know - Federal Relief Programs That Could Assist Radiology Practices, and additional funding has been promised.  Practice managers have to be aware of the follow-up steps that are required following the receipt of money from any of these funding sources.

Categories: radiology, CARES Act, COVID-19

HHS Provider Relief Payment & Your Radiology Practice

This article was updated on
April 16, 2020. 

 

Radiology practices are still trying to understand all of the implications of the payment sent automatically on April 10 by the Department of Health & Human Services (HHS).  Our article Update - CARES Act Relief Program Grant Fund Payments Delivered by HHS outlined the program, but many questions remain. 

Categories: radiology, CARES Act, COVID-19

Update – CARES Act Relief Program Grant Fund Payments Delivered By HHS

When the CARES ACT was passed on March 27, details about the specific allocation of the $100 billion were not initially revealed. Today, April 10, $30 billion is currently being distributed to all Medicare providers in the first round of funding disbursement.

Categories: radiology, CARES Act, COVID-19

Expansion of the Accelerated & Advance Payments Program for Providers & Suppliers During the COVID-19 Emergency

With the expanded eligibility of the Medicare Accelerated Payment Program, additional entities will now qualify for, essentially, an interest-free loan. Within the CARES Act, physicians and other Medicare Part B Suppliers are now eligible to receive a needed increase to cash flow during the COVID-19 pandemic. (Supplier is a physician or other practitioner that delivers health care services under Medicare, excluding a provider).

Categories: medicare, CARES Act, COVID-19

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