Medicare Funds On Hold For Facilities Acquired Early This Year

Facilities that were acquired early in 2020 have noticed the much needed Medicare relief fund meant to help weather the financial strains of the COVID-19 crisis, stuck in limbo.

Funds were distributed to providers based on their 2019 Medicare reimbursements by the Department of Health and Human Services (HHS), who sent money to the account connected to the provider’s taxpayer identification number (TIN).

For more on this and what is now taking place to rectify the problem, please see below.