Physician Practice

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.

Most Popular