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  • CMS Announces 14-Day Hold on 2016 Claims; Predicts 'Minimal Impact'

    The Centers for Medicare and Medicaid Services (CMS) announced that it will hold claims on services provided in 2016 until possibly as long as January 15 in order to fix "technical errors" it discovered after publication of the 2016 Medicare physician fee schedule.

    According to a CMS announcement, the hold will not affect claims for services provided in 2015, and should have "minimal impact on provider cash flow," as current law prevents payment on clean electronic claims any sooner than 14 days after receipt.

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