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CMS tells claims contractors to delay processing because of looming payment cut
Modern Healthcare

As it has before, the CMS is preparing to instruct its claims administration contractors to hold claims under the Medicare physician fee schedule because of a steep payment cut to physicians that is scheduled for Jan. 1. In a notice Monday, the CMS said it will guide contractors to hold claims containing 2012 services paid under the Medicare physician fee schedule from Jan. 1 until Jan. 17. Any services that were provided on or before Dec. 31 would be unaffected and processed under normal timeframes.