Posts Tagged Medicare holds claims

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CMS Will Hold January Claims for 10 Business Days in Hopes That the SGR Cut Will Be Delayed Before Payouts Begin

Everyone knows what a mess we’ve had in the past when CMS has had to pay according to the SGR, then it was reversed at the last minute and CMS had to pay additional amounts on services they had considered paid in full – a headache no matter how good your software is.

To avoid that, CMS will hold any claims for 10 business days before re-evaluating based on any change in the Medicare fee schedule for 2012. This will not actually hold anyone’s payments, as Medicare pays their claims in 14 days.

CMS made the following announcement today:

(more…)

Posted in: Headlines, Medicare & Reimbursement

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