Quarterly updates: CMS updates interest rates, lab NCDs
Medicare Update for Physician Services, February 3, 2011
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CMS posts updated interest rates
On January 14, CMS issued a transmittal to implement a quarterly update to the interest rate that applies to overpayments and underpayments. Effective January 24, CMS instructed contractors to implement an interest rate of 11.25%.
Effective date: April 1, 2011
Implementation date: April 4, 2011
CMS updates lab NCDs
On January 14, CMS issued a transmittal to implement the lab NCD update for second quarter 2011.
Effective date: April 1, 2011
Implementation date: April 4, 2011
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