Program_Memos / 2001 / AB-01-64

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Note:  The following article synopsis was NOT provided by HCPro. It was created by Find-A-Code/innoviHealth.

Article Overview

This article is a Medicare program memorandum from HCFA/DHHS that updates the interest rate reference used for Medicare overpayment and underpayment calculations. It is relevant to Medicare billing and reimbursement staff, compliance teams, and anyone who needs to track administrative payment policy changes for 2001. The memorandum also restates prior interest-rate periods, effective and implementation dates, and administrative instructions tied to the notice.

Why This Topic Matters

Organizations that handle Medicare receivables or refunds need current administrative guidance to apply interest-related policy correctly and maintain accurate financial records. This memo documents the applicable rate change, the time periods it affects, and when the instruction becomes active.

Article Sections

  1. Subject and policy update

    Introduces the memorandum topic and identifies the administrative payment policy area affected by the notice. It frames the update in the context of Medicare interest-rate guidance.

  2. Interest rate table

    Presents a chronological table of interest-rate periods referenced by the memorandum. The section supports tracking of the applicable administrative rate history.

  3. Effective date, implementation date, and retention period

    States when the memorandum takes effect, when it is to be implemented, and how long it remains in use. It also notes the operating-budget and contact information instructions.

What You Will Learn

  • The scope of the Medicare administrative interest-rate update.
  • How the memorandum presents effective dates and prior rate periods.
  • What kinds of operational guidance accompany the notice.
  • Which organizations issued or referenced the memorandum.

Who Should Read This

  • Medicare billing staff
  • Revenue cycle teams
  • Compliance professionals
  • Healthcare finance departments
  • Administrative contractors and intermediaries

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