tci Medicare Compliance & Reimbursement - 2003 Issue 32

PROGRAM MEMO ROUNDUP

The interest rate for Medicare overpayments and underpayments went up August 11, rising from 11.625 percent to 12.125 percent, according to a Centers for Medicare & Medicaid Services program memorandum (AB-03-122; http://cms.hhs.gov/manuals/pm_trans/AB03122.pdf). The rate was 12.625 percent at this time last year. In other recent program memoranda, CMS: updates rates for ambulatory surgical center payments (AB-03-116; http://cms.hhs.gov/manuals/pm_trans/AB03116.pdf); outlines procedures for handling overpayments valued at less than $10 (B-03-062; http://cms.hhs.gov/manuals/pm_trans/B03062.pdf); issues Health Insurance Portability and Accountability Act-related instructions to durable medical equipment regional suppliers (B-03-061; http://cms.hhs.gov/manuals/pm_trans/B03061...

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