Many of the stories in the press over the past few days have often been slightly off. My post yesterday, which picked up from a story in Saturday’s Washington Post, reported that
Well, it turns out that there is a bit more to the story. For services rendered beginning July 1 – that is, services that are subject to the new payment schedule which Congress has to establish –
So, where does leave practices? You shouldn’t see any interruptions in payments from Medicare. The actual processing of most claims is quick, so once processing begins, the time from claim submission to payment should be about the same as it would be under “normal” circumstances. I can see a wave here – two weeks of old claims to be processed mashed up with new claims coming in. The built in hold allows some breathing room for the intermediaries to handle this.
The problem is solely with Congress and the inability to act on physician fees, while the Republicans scramble to protect payments to insurance companies and the Medicare Advantage program while cutting fees to physicians.
So, folks, it’s time to get on the phone, visit your representatives, and write letters to the editor of your local newspapers. Meanwhile, you will be receiving payments in the usual course of business for services rendered on or before June 30.
And thank you to Peter Ashkenaz, a Deputy Media Relations Director at