Government Health Care Fix
The wave of the future:
DOCS SEE PAYCUT ON FRIDAY – CMS cannot ask providers to continue holding claims, so they’ll start paying bills on Friday whether Congress gets its act together on an SGR patch or not. In the past, when Congress has passed a patch retroactively, CMS has processed claims with the payment cuts and then reprocessed the claims to send out the difference – a costly proposition. Why not hold the claims longer? Providers haven’t been paid for 18 days, creating a cash flow problem for some of them, and some providers’ systems can’t hold claims for this long.