Tag: Medicare sequestration cuts
CMS provides guidance on 2% cut
March 31, 2021HME News Staff
WASHINGTON – 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, in anticipation of possible congressional action to extend the moratorium on the 2% sequestration cuts.
“This will minimize the volume of claims the MACs must reprocess if Congress extends the suspension,” CMS wrote in a March 30 bulletin. “The MACs will automatically reprocess any claims paid with the...
Sequestration cuts: Moratorium set to continue
March 30, 2021HME News Staff
WASHINGTON – The Senate on March 25 overwhelmingly passed a compromise bill that would extend the moratorium on the 2% Medicare sequestration cuts through Dec. 31, 2021, according to industry stakeholders.
“This legislation now will head back to the House for passage prior to being sent to President Biden’s desk,” VGM wrote in a bulletin.
The vote follows the House of Representatives passing H.R. 1868, a bill to extend the moratorium through Dec....