954.967.8133 / 855.956.4597 relief@medicarecoding.com

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, 2021.
  • Reprocess any claims paid with the reduction applied.

 

You do not need to take any action.  

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For 25 years, MedicareCoding.com has helped over 20,000 Florida Practitioners and their staff navigates the complex Medicare system.  We provide a full suite of Preventive, Diagnostic, and Treatment Services to ensure optimal health of their Medicare revenue cycle and maximize the Medicare coverage for your patients.

 

Learn more about our webinars, conferences, meetings & newsletters covering the most recent updates about Florida Medicare as well as best practices on coding, billing, and more.

 

Lorraine Molinari
Queen Bee of Medicare
www.MedicareCoding.com