CHA News

CMS Addresses Questions on Cost Reports and Provider Relief Fund Payments

For CFOs, finance staff

This post has been archived and contains information that may be out of date.

The Centers for Medicare & Medicaid Services (CMS) has revised its COVID-19 frequently asked questions (FAQs) on Medicare fee-for-service billing to address questions related to the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund and the Small Business Administration’s (SBA) Paycheck Protection Program payments.

The FAQs provide guidance to providers on how to report Provider Relief Fund payments, uninsured charges reimbursed through the COVID-19 Uninsured Program administered by Health Resources and Services Administration, and SBA loan forgiveness amounts. The FAQs also address that Provider Relief Fund payments should not offset expenses on the Medicare Cost Report. The questions are addressed under the “Cost Reporting” section of the FAQs, beginning on page 98 of the Aug. 26 updated version.