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.
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