The AMA recently shared information with you from CMS about a new advance payment program to help physician practices that are experiencing financial problems due to the COVID-19 pandemic. This information is available on the AMA website at:
The program’s speedy rollout just one day after the CARES Act was signed into law led to questions from physicians about how to obtain the funds and what strings may be attached. The following link provides answers to some of the questions that have been raised, based on AMA discussion with senior CMS officials. The AMA will continue working with CMS to try and improve the program.