Corporate Compliance

Quarterly updates: CMS updates interest rates, lab NCDs

Medicare Update for Physician Services, February 3, 2011

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

View the transmittal.

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

View the transmittal.

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