The Biden administration announced the termination of a program that provided more than $2.55 billion in accelerated and advance Medicare payments to over 4,200 providers (hospitals and physicians) that suffered cash flow disruptions following the Change Healthcare cyberattack. CMS announced that Medicare payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will end on July 12.
Providers Under Siege
The stakes go beyond money: reputational harm, exclusion from Medicare and Medicaid, and even criminal charges are on the table.