CMS TO HOLD CLAIMS BEGINNING APRIL 1, 2021
BREAKING NEWS FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES
WHAT YOU NEED TO KNOW
Per CMS – In anticipation of possible Congressional action to extend the 2% sequester reduction suspension, CMS has instructed the Medicare Administrative Contractors (MACs) to hold all claims with dates of service on or after April 1, 2021, for a short period of time.
- This will not affect providers’ cash flow
- It will minimize the volume of claims the MACs must reprocess if Congress extends the suspension
- The MACs will automatically reprocess any claims paid with the reduction applied if necessary
Click HERE to read the announcement in its entirety on the CMS website.
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