Press Releases Aug 26, 2020

CMS Releases Additional Frequently Asked Questions on the Treatment of Coronavirus Disease Relief Payments on the Medicare Cost Report

The Centers for Medicare & Medicaid Services (CMS) released an additional list of Frequently Asked Questions (FAQs) to Medicare providers regarding the Department of Health & Human Services’ (HHS) Provider Relief Fund and the Small Business Administration’s Paycheck Protection Program payments, also referred to as coronavirus disease 2019 (COVID-19) relief payments.  The FAQs provide guidance to providers on how to report provider relief fund payments, uninsured charges reimbursed through the Uninsured Program administered by Health Resources and Services Administration, and Small Business Administration (SBA) Loan Forgiveness amounts. The FAQs also address that provider relief fund payments should not offset expenses on the Medicare Cost Report.  

To view the additional guidance, please visit: https://www.cms.gov/files/document/03092020-covid-19-faqs-508.pdf  

 

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