Full-service revenue cycle management for phycisian practices and hospitals

Medicare Accelerated and Advance Payment Program to increase cash flow to providers impacted by the 2019 novel coronavirus (COVID-19) pandemic, Medicare is offering a “cash advance” of up to three months of the average monthly Medicare payments.

Below is a brief summary of the program.

Medicare Accelerated and Advance Payment Program – SUMMARY

  • Advance Amount – Providers can request up to 100% of the Medicare payment amount for a three-month period. Example: average monthly payment $5,000, maximum available $15,000.
  • Timing – CMS to review and issue payments within seven (7) calendar days of receiving the request.
  • Repayment – CMS has extended the repayment of these accelerated/advance payments to begin 120 days after the date of issuance of the payment

How to access the application and upload the form: https://medicare.fcso.com/Enrollment/EnrollmentGateway.asp
Link to the application: https://medicare.fcso.com/wrapped/0460438.pdf

Medical billing services that maximize profit and cash flow

We understand that your practice needs a swift, reliable revenue stream in order to thrive. And, we know that it takes more than a slick software package to make it happen.  Definitely, It takes the right people. Therefore, we created unique medical billing services to make your life easier, It backed by our experience serving physicians since 1995.

We make sure our clients are supported by a billing and collections team carefully chosen for their industry expertise and dedication to customer service. In addition, your PRM team takes full responsibility for the financial health of your practice. If you don’t get paid, we don’t get paid. As a result, this performance-based model keeps our operations lean and focused, and help us achieve one of the highest collection rates in the billing industry.

Finally, when you know the right people are handling your revenue cycle, you can relax and focus on what you do best- delivering excellent medical care.

PRM is here to help make life easier for you and your office staff. Join our medical billing company today and enjoy our benefits! Contact Us

Lanny Menendez
Professional Reimbursement Managers