DecisionHealth, DecisionHealth - 2012 Issue 8 (August)

Part B News briefs: New EFT agreement, value-based payment modifier and power mobility device demo

Physicians transitioning to Novitas Solutions need to provide a new electronic funds transfer (EFT) authorization agreement. Practices that had used EFT with Pinnacle Business Solutions, Cahaba GBA and TrailBlazer Enterprises could see payment disruptions if they don’t submit new EFT authorization agreements using the CMS-588 form. Those providers received letters between May 15 and July 27, depending on their location, from Medicare administrative contractor (MAC) Novitas asking them to complete and return the form.

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