Medicare Claims on Hold Pending Congressional Action on Sequestration Cuts
From ACG Legislative and Public Policy Council Chair, James C. Hobley, MD, MSc, FACG
In anticipation of Congressional action to extend the 2% sequestration cuts moratorium effective April 1st, the Centers for Medicare and Medicaid Services (CMS) announced this week that they instructed the Medicare Administrative Contractors (MACs) to hold all claims with dates of service on or after April 1, 2021. This will minimize the volume of claims the MACs must reprocess if Congress extends the suspension. However, the MACs will automatically reprocess any claims paid with the reduction applied if necessary.
ACG continues to work with Congress to delay these unnecessary cuts and will continue to update members on this important issue.
New ACG Practice Management Toolbox Article: Words to Practice By: A Guide to Understand the Business Vernacular of a Healthy Practice
New this week to the ACG Practice Management Toolbox is an article titled "Words To Practice By: A Guide To Understand The Business Vernacular Of A Healthy Practice" by Drs. Stephen Amann, Eric Shah, and Vonda Reeves. This important article discusses and clarifies common business measures used to measure, monitor, and value your practice’s financial health. Check it out by clicking the banner below.
ACG Governors Advocating on Your Behalf at the State and Local Level
From Vice Chair and Chair of the ACG Board of Governors Dayna S. Early, MD, FACG and Patrick E. Young, MD, FACG
While ACG Governors are preparing for the 2021 ACG Advocacy Day, we have also been busy advocating on behalf of clinical GI at the local level. The ACG Board of Governors urges you get involved in your states.
Remember to contact your ACG Governor on important state and local issues impacting you and your practice.
The ACG Board of Governors is one of the most unique aspects of the American College of Gastroenterology. Governors are ACG Fellows that are elected from the membership of a particular state or region. There are currently 77 Governors across seven different regions in the U.S. and abroad. The Board of Governors acts as a two-way conduit between College leadership and the membership at-large. This helps the College make certain it is meeting the evolving needs of the membership.