Note 9 – Accrued Liabilities

Accrued liabilities consist of the following:

In order to increase cash flow to providers of services and suppliers impacted by the pandemic, the Centers for Medicare and Medicaid Services (CMS) expanded its Accelerated and Advance Payment Program to a broader group of Medicare providers. We applied for and received a $2,526 payment advance from this program in April 2020. The recoupment by CMS of our advance payment begins 120 days after the date of receipt, at which time every claim we submit from that point will be automatically offset to repay the advance payment. Any unrecouped advance balance remaining after 90 days of the recoupment process must then be repaid such that 210 days after receiving the advance it will be entirely repaid.