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January 06
Medicare Holding Payment Claims 
by  John CrosbyNo presence information  on 1/6/2012 4:29 PM

On 12/23/11, President Obama signed the “Temporary Payroll Tax Cut Continuation Act of 2011” legislation that delayed the 27.4% Medicare pay cut for two months. As such, the Centers for Medicare and Medicaid Services (CMS) new Conversion Factor is $34.0376. Because Congress acted late to prevent the cut, claims will be held for a period of time to allow CMS and claims administrators time to develop, install and test the new payment rate files.  CMS expects that most contractors will have the new rates posted to their web sites by 1/11/12 and be ready to process claims under the revised rates by 1/18/12. The agency has posted the revised relative value files on its website​. Additionally, CMS has extended the 2012 annual participation enrollment period through 2/14/12.  

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Medicare Holding Payment Claims 

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ss on 1/10/2012 6:29 PM

Medicare Holding Payment Claims 

This is another example of why government should NOT be involved in the American Healthcare Environment.These Trial Lawyers in CONGRESS have finally succeeded in destroying the Medical Profession in this country,all based on the INSANE socialistic ramblings of ONE DRUNKENIRISH SOT WITH A BRAIN TUM OR from Massachusetts!!!!
David M. George D.O.,MBA on 1/10/2012 6:59 PM
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