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CMS clarifies COVID-19 relief funds won't penalize future Medicare pay
Modern Healthcare: CMS has clarified that hospitals will not be penalized for receiving COVID-19 relief grants or forgiven small-business loans in future Medicare payments.
Some rural hospitals were concerned that forgiven Paycheck Protection Program loans would be counted against them in future Medicare payment calculations, but CMS on Aug. 26 updated Medicare cost report guidance stating that providers will only have to report the sums for informational purposes.
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