Friday, March 26, 2010

CMS will hold physician services claims for 10 business Days

Breaking news from CMS.

CMS has instructed its contractors to hold claims containing services paid under the MPFS (including anesthesia services) for the first 10 business days of April.
  • This hold will only affect claims with dates of service April 1, 2010, and forward.
  • In addition, the hold should have minimum impact on provider cash flow because, under the current law, clean electronic claims are not paid any sooner than 14 calendar days (29 for paper claims) after the date of receipt

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