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‘No Strings Attached’: CMS Sending $30 Billion to Home Health Agencies, Other Medicare Providers

April 152020

If home health and hospice providers discover an unexpected Medicare payment from the Centers for Medicare & Medicaid Services (CMS) later this week, they shouldn’t be too alarmed — it’s not a billing error. The surprise deposit isn’t a mistake, but rather a no-strings-attached bump to help maintain operational stability amid coronavirus disruption. CMS Administrator Seema Verma highlighted her agency’s plans to float all Medicare providers an immediate financial lifesaver during a White House coronavirus task-force briefing on April 7. This week, we will be putting out another $30 billion [in] grants,” Verma told members of the media. This is going to be based on Medicare revenue. There are no strings attached. So the health care providers that are receiving these dollars can essentially spend that in any way that they see fit.”