On Wednesday, April 14th the President signed legislation to extend the 2% sequester moratorium through December 31st, 2021. The moratorium was established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and was set to expire at the end of March.
To avoid claim payment issues, CMS directed Medicare Administrative Contractors (MACs) to hold all claims with dates of service April 1st forward to allow time for further legislation to pass. So be sure to watch for those Medicare explanation of benefits (EOBs) and double-check your payments, as every percent counts!
