Practice Economics

CMS: A few claims were processed at 21% SGR cut level


 

References

A small volume of Medicare claims were processed at the 21% pay cut level mandated by the Sustainable Growth Rate formula, according to a provider advisory issued April 15 by the Centers for Medicare & Medicaid Services.

Claims were processed April 15 by Medicare Administrative Contractors as the CMS guidance to hold for 10 business days claims submitted beginning April 1 expired.

The claims will be reprocessed automatically at the higher rate, CMS officials said.

The House and Senate have both passed H.R. 2, the Medicare Access and CHIP Reauthorization Act of 2015, which permanently repeals the SGR, among many other provisions. President Obama has indicated he will sign the legislation.

dfulton@frontlinemedcom.com

On Twitter @denisefulton

Recommended Reading

Medicare at 50: High-price therapeutics put Medicare at a crossroad
MDedge Hematology and Oncology
Clinical doc improvement ups income, quality
MDedge Hematology and Oncology
Doctors support malpractice provision in SGR bill
MDedge Hematology and Oncology
CMS: SGR repeal equals less pay in long-term
MDedge Hematology and Oncology
Analysts predict swift passage of SGR repeal
MDedge Hematology and Oncology
CMS formally proposes changes to EHR reporting period for 2015
MDedge Hematology and Oncology
Health IT Roadmap draws comments
MDedge Hematology and Oncology
Health data breaches compromised 29 million patient records in 2010-2013
MDedge Hematology and Oncology
Senate passes SGR repeal
MDedge Hematology and Oncology
Mobile health survey: Half of providers see patient benefit
MDedge Hematology and Oncology