The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. This blog is intended to capture the latest announcements from CMS. For prior CMS summaries please click here. The following are the latest summaries and links to CMS for further details.
The CARES Act establishes a new $349 billion Paycheck Protection Program As part of NIC’s mission to provide links between operators and sources of capital, one important new source of capital during this COVID-19 crisis is the Paycheck Protection Program from the Small Business Administration (SBA).
The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. Importantly, some are actions to assist with continued access to care and many to ensure the safety of residents and staff. Initial responses included restricting visitors to skilled nursing facilities and changing the rules for covered facility stays. Patients who remain in the hospital fewer than three days may now receive Medicare-reimbursed skilled nursing care. The following are the summaries and links to CMS for further details.