CMS to hold Medicare claims until sequester fix is passed

The CMS said it has instructed Medicare administrative contractors to temporarily hold all Medicare claims with dates of service on or after April 1 until a moratorium on Medicare sequestration cuts is extended, shielding health care organizations from a 2% payment cut set to take effect today. The agency also announced it “will resume standard sequestration reductions beginning with April 2021 payment for Medicare Advantage organizations and Part D sponsors.”