July 1, 2008 CMS calls for temporary hold on Medicare cuts H. A. Abella -------------------------------------------------------------------------------- The Centers for Medicare and Medicaid Services announced Monday it is freezing the scheduled 10.6% cut in Medicare physician payments until mid-July. The move may give Congress enough time to pass legislation to avoid the cuts. Current legislation allows CMS to withhold payments for 14 or 29 days from the date claims are filed either electronically or by regular mail, respectively. Taking advantage of this legal window, CMS will instruct contractors to hold processing of any practitioner's claims during the first 10 business days of July. CMS will process all claims received by June 30 as usual.
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This article was republished with permission from CMPMedica, LLC
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