REMINDER: Medicare FFS advance payment Terms and Conditions
The HHS advance that was deposited to the business checking accounts of Medicare FFS providers around mid-April, is money that doesn’t have to be repaid, but is considered income for services, according to the Terms and Conditions.
This is a reminder that you need to agree to the T&C’s or return the funds within 30 days.
I provided an email on April 9-10, which is now a News blog on my website. It tells you what you need to do, including a link to the HHS website that discusses the Terms and Conditions, which you are required to follow. Go here: