Continuing Resolution Legislation Extends Repayment of Medicare Accelerated Payment Program

The House of Representatives passed a Continuing Resolution (CR) to extend federal funding from September 30th until December 11th.
In addition to extending federal funding, the bill extends the time providers have to repay accelerated and advance Medicare payments from 210 days to 29 months. It also lowers the interest rate for re-payments made after that date from 10.25 percent to four percent. Read more…