Medicare Advance/Accelerated Payments and Recoupments
Due to practices being closed during the COVID 19 Pandemic, providers were able to request Accelerated Payments from Medicare in lieu of claims. Repayment begins one year starting from the date the accelerated or advance payment was issued. Medicare recoups the money from current claims until the repayment is paid in full starting at 25% for 11 months past the repayment start date. After that time period, the recoupment amount increases. See the Medicare Accelerated-and-Advanced-Payments-Fact-Sheet.pdf.