Javelin

CMS Advanced Payments Program (APP) for COVID-19

For more information about how to apply for, receive, and manage your hospital’s advanced payments program, please contact us.

Announcement

COVID-19 Advanced Payments

COVID-19 patients are overwhelming hospitals in cities, including New York, New Orleans, and Detroit. But as other health systems brace for similar spikes, they also see sharp drop-offs in regular doctor visits, emergency room arrivals, surgeries, and medical procedures that are vital to maintaining their bottom lines.

The Centers for Medicare & Medicaid Services announced in late March that it would implement a national accelerated Medicare payments program to help ease the financial strain for health providers. On 4/9, CMS officials said they had already disbursed $51 billion to hospitals, doctors and other care providers.

"Healthcare providers are making massive financial sacrifices to care for the influx of coronavirus patients", said CMS Administrator Seema Verma in a statement. "Amid a public health storm of unprecedented fury, these payments are helping providers stay afloat."

For more information about how to apply for, receive, and manage your hospital’s program, please contact us.

Read the full press release about ClaraPrice's new service called Javelin here.

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Since its founding in 2018, ClaraPrice has innovated and influenced healthcare technology, receiving awards and accolades from accelerators, healthcare organizations, and the press.