Industry News
MEDICARE FFS CLAIMS: 2% PAYMENT ADJUSTMENT (SEQUESTRATION) SUSPENDED THROUGH MARCH
News
Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through March
CGS ADMINISTRATORS, LLC
The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the payment adjustment percentage of 2% applied to all Medicare Fee-For-Service (FFS) claims from May 1 through December 31. The Consolidated Appropriations Act, 2021, signed into law on December 27, extends the suspension period to March 31, 2021.
Questions?
Newsletter
Sign up to receive our insights straight to your inbox!