Quarterly announcement of interest rate change
Physician Practice Insider, May 3, 2016
On April 12, CMS released a recurring update notification regarding the interest rate effective April 19th. It applies to charging and payment of interest on overpayments and underpayments to Medicare providers. The rate increased from 9.75% to 10%.
Effective date: April 19, 2016
Implementation date: April 19, 2016
View Transmittal R266FM.
This article was originally published on Medicare Compliance Watch.
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