Good news: You can expect to get paid on time despite the hold CMS has on your claims through Jan. 17. Important: Your 2012 claims are still subject to the 14-day payment floor, the length of time from when CMS receives electronic claims and must keep them, for error-free claims, a CMS official says.
Remember: CMS is holding your claims so it may update its system to reflect the new conversion factor, $34.0376. “CMS is confident that claims will be processed and paid close to when they normally would,” the official writes in an email to Part B News.