
Medicare administrative contractors will be
holding some claims containing 2014 service dates for up to the first 10
business days of January 2014 (i.e., Thursday, January 2 through
Wednesday, January 15). Claims will be released as system testing is
successfully completed, which is expected during that time frame.
The hold should have minimal impact on provider cash flow because, under
current law, clean electronic claims are not paid sooner than 14
calendar days (29 days for paper claims) after the date of receipt.
However, if you follow the status of your claim during the claim
processing cycle, the claim status may not reflect what you would
normally see because of the claims hold.
Medicare claims for services rendered on or before Tuesday, December
31, 2013, are unaffected by the 2014 claims hold and will be processed
and paid under normal procedures and time frames. Your patience is
appreciated as calendar year 2014 changes are implemented.
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