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  • 1.  Congress voted last evening to avert 2% Medicare payment reductions

    Posted 04-14-2021 09:12
    President Biden is expected to sign legislation passed by the U.S. House last evening. Consequently, the Medicare 2% sequester payment reductions are forestalled for an additional nine months. CMS is expected to advise MACs to renew payments to Medicare providers and suppliers when this legislation is signed into law.

    A brief blub on this action, together with a link to the legislation was posted on our firm's website this morning.

    https://viewpoints.reedsmith.com/post/102gvm8/congress-acts-to-avert-medicare-payment-cuts



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    Thomas W Greeson
    Reed Smith LLP
    (703) 517-0495
    tgreeson@reedsmith.com
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  • 2.  RE: Congress voted last evening to avert 2% Medicare payment reductions

    Posted 04-14-2021 17:19

    Some of you may have seen that Shae McCarthy of Thorn Run Partners sent this confirmation to RBMA that President Biden has signed the measure to extend the moratorium on the 2% sequestration cuts for nine months until December 31 of this year.

     

    https://www.whitehouse.gov/briefing-room/legislation/2021/04/14/bill-signing-h-r-1868/

     

    Tom

     

     

     

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    Original Message


  • 3.  RE: Congress voted last evening to avert 2% Medicare payment reductions

    Posted 04-14-2021 17:22

    Thanks to all of our members who sent messages to Members of Congress on this issue! 

     

     

    Sent from Mail for Windows 10

     




    Original Message


  • 4.  RE: Congress voted last evening to avert 2% Medicare payment reductions

    Posted 04-16-2021 15:05
    Please note the following from CMS regarding the sequester extension.  

    Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through December

    The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the sequestration payment adjustment percentage of 2% applied to all Medicare Fee-for-Service (FFS) claims from May 1 through December 31, 2020.  The Consolidated Appropriations Act, 2021, extended the suspension period to March 31, 2021. An Act to Prevent Across-the-Board Direct Spending Cuts, and for Other Purposes, signed into law on April 14, 2021, extends the suspension period to December 31, 2021.

    Medicare Administrative Contractors will:

    • Release any previously held claims with dates of service on or after April 1
    • Reprocess any claims paid with the reduction applied

    You don't need to take any action.  



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    Robert Still FRBMA
    Executive Director
    Radiology Business Management Association (RBMA)
    Fairfax VA
    (703) 621-3363
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    Original Message


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