The National Association for the Advancement of Orthotics and Prosthetics (NAAOP) released a statement today to alert O&P providers to an important funding benefit included in the CARES Act, summarized below:

Today the Centers for Medicare and Medicaid Services (CMS) directly deposited grants to all Medicare providers and suppliers, including O&P practices. NAAOP encourages all O&P practice owners to check their Medicare accounts to ensure the funds were received.

The funds are part of the stimulus funding enacted under the COVID-19 legislation that passed two weeks ago today, known as the CARES Act. The legislation created a $100 billion fund to assist healthcare providers to weather the pandemic. The first $30 billion in stimulus funding is being distributed today. MORE