Tag: retroactive delay
CGS begins payment adjustments
May 10, 2017HME News Staff
WASHINGTON - CGS will begin adjusting tens of thousands of claims from non-competitive bidding areas each day for about the next 24 weeks, the DME MAC for Jurisdictions B and C announced May 8.
The adjustments come in response to a provision in the 21st Century Cures Act that requires CMS to retroactively delay a second round of reimbursement cuts in non-bid areas from July 1, 2016, to Jan. 1, 2017, allowing HME providers to recoup six months of payments.
CGS says it will begin adjusting about...
AAHomecare to Tricare: Reprocess claims
January 31, 2017HME News Staff
WASHINGTON - AAHomecare is calling on the contractors administering Tricare military health plans nationwide to reprocess claims for HME for the last six months of 2016. Congress directed Medicare to do just that in a provision included in the 21st Century Cures Act passed in December. “Congress recognized the need to provide relief for home medical equipment companies operating under drastic Medicare reimbursement cuts,” said Tom Ryan, president and CEO of AAHomecare. “It's clear...
Inogen expects to recoup $2M
January 10, 2017HME News Staff
GOLETA, Calif. - Inogen expects to recoup up to $2 million in rental revenues for the fourth quarter of 2016 as a result of a provision in the recently passed 21st Century Cures Act. The provision requires CMS to retroactively delay a second round of reimbursement cuts in non-competitive bidding areas from June 30, 2016, to Dec. 31, 2016. The company based its estimate on preliminary, unaudited financial data, it said in a press release. “We are pleased that the Cures Act reverses some...