CMS begins nine-day DRA payment hold

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CMS has announced that a temporary hold will be placed on Medicare payments for all claims for the last nine days of the fiscal year Sep. 22 to Sep. 30, 2006. No payments on claims will be made during this time period. Providers who bill Medicare contractors and carriers for their services will be affected by this process. This hold period is mandated by Section 5203 of the Deficit Reduction Act (DRA) of 2005. All claims held as a result of this one-time policy will be paid on Oct. 2, CMS said.

More: http://www.cms.hhs.gov/MLNMattersArticles/downloads/MM5047.pdf