Medicare FFS Claims: 2% Payment Adjustment (Sequestration) Suspended Through March

From MLN Connects:

“The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the payment adjustment percentage of 2% applied to all Medicare Fee-For-Service (FFS) claims from May 1 through December 31.  The Consolidated Appropriations Act, 2021, signed into law on December 27, extends the suspension period to March 31, 2021.”

It is possible that Congress will extend the payment adjustment suspension again, but providers should have a plan if they fail to do so. Always plan for the worst case scenario when you are projecting your organization’s cash flow for the year ahead.