November Archives

Part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act included reimbursement rate changes for certain zip codes and HCPCS codes.

Suppliers that service beneficiaries with a zip code in what is considered a non-rural and noncontiguous areas are receiving the 75/25 blended rate increase. That is 75% of the adjusted rates and 25% of the 2015 unadjusted rates. These rates are retroactive to March 6, 2020 through the remainder of the duration of public health emergency...

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Many of you attended a series of VGM webinars earlier this year where Craig Douglas and Mark Higley offered information about qualifying, application procedures, documenting use of funds, and applying for forgiveness. Mark also commented on the taxation issue and, at the time, the interpretation of the Treasury Department. The purpose of this update is to inform you that the IRS has clarified the deductibility of the Paycheck Protection Program (PPP) loan expenses. 

But...

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There are many aspects of competitive bidding, and there are both positives and negatives to the decisions CMS decided to take in Round 2021.

In VGM’s conversations with, and in comment letters submitted to CMS leading up to their recent decision, our requests always included the following components: 

Delay competitive bidding (this made sense from a demand and any-willing-provider standpoint)  Continue the blended rates for rural and non-rural non-CBA areas,...

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