| Reimbursement |
| IPPS
October 1, 2007
President Bush signed legislation that prevents CMS from fully implementing $20 billion in prospective payment cuts to hospital inpatient Medicare services over the next five years. The cuts are part of a so-called "behavioral offset" contained in the IPPS in final rule which takes effect October 1, 2007. The legislation reduces the cuts in 2008 and 2009 by half, from 1.2%to 0.6% and from 1.8: to 0.9% respectively, but leave the 2010 cut of 1.8% intact.
October 17,2007
Medicare payment of inpatient claims for discharges in early October should begin flowing to providers by no later than Monday, according to CMS. CMS expects fiscal intermediaries to begin processing the claims by October 18th, after updating claims processing software to reflect changes to the fiscal year 2008 IPPS.
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Electronic Cash Posting
The sheer size of bulk paper remits is challenging. Some facilities receive weekly Medicaid remits over 350 pages long-an all day manual job for one person. If received in an electronic format it would take approximately one hour to post. Other problems with paper remits is dealing with lost paper checks, storage,etc.
Benefits of ERA is the increase in level of accuracy, decrease in staff time, and gathering of information found on the remit and the ability to slice and dice data for claim status reporting.
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| Client Corner |
| UPMC uses Cirius to achieve quantifiable metrics
Maricopa Integrated Health System Case Study
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