Hospitals Explore Medicare Loan Repayment Options

Hospitals are calculating whether it would be better for them to immediately repay their Medicare loans or have the payments taken out of their claims after CMS announced it’s beginning to recoup payments under the Medicare Accelerated and Advance Payment Program. The agency initially touted the loans as a way to help providers during the pandemic, but CMS froze the program when Congress created the provider relief fund. When it came time to collect those loans last year, providers worked...