CMS Announces New Repayment Terms for COVID-19 Medicare Loans

On Oct. 8, the Centers for Medicare & Medicaid Services (CMS) announced new repayment terms for payments issued under the Medicare Accelerated and Advance Payment (AAP) Program. Providers will now have one year from the issuance date to repay the loan, and the interest rate has been lowered to 4%.

Click here for a fact sheet about the AAP Program.