Home Health & Hospice Week

If you still receive Medicare payments via paper, don't expect that to last long. "Existing regulations ... require that at the time of enrollment, enrollment change request or revalidation, providers and suppliers that expect to receive payment from Medicare for services provided must also agree to receive Medicare payments through electronic funds transfer (EFT)," the Centers for Medicare & Medicaid Services says in a message to providers. And the Affordable Care Act expands on that requirement "by mandating federal payments to providers and suppliers only by electronic means," CMS adds. Bottom line: "As part of CMS's revalidation efforts, all suppliers and providers who are not currently receiving EFT payments will be identified, and required to submit the CMS 588 EFT form with the Provider Enrollment Revalidation application," CMS emphasizes. CMS will require all providers to undergo revalidation by 2013.