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.
Loss of Baxter Facility in N.C. from Helene is Affecting Availability of IV Solution and Shortages May Worsen Due to Hurricane Milton
Hospitals are facing shortages of IV fluids following Hurricane Helene’s damage to Baxter International’s North Cove manufacturing site in Marion, N.C.