Eli's Rehab Report
Good News! Carriers Wont Ask for Planned Refunds
Published on Fri Aug 01, 2003 
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Due to the delayed implementation of the 2003 Medicare Physician Fee Schedule , Medicare carriers overpaid some practices for January and February claims using a higher conversion factor rate, which did not actually take effect until March 1.
CMS initially announced that carriers would request reimbursement from these practices by using an automatic mass adjustment. Fortunately, on June 27, CMS announced that it will not require Medicare carriers to collect such overpayments.
If, however, you alert your carrier that you were overpaid for January and February 2003 claims, the carrier will still process the adjustment.
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