tci Medicare Compliance & Reimbursement - 2023 Issue Q1

Industry Notes: Submit Your Quarterly Medicare Credit Balance Report by Jan. 30

Don’t delay sending Medicare your credit balance report for the quarter that ended on Dec. 31, 2022—unless you want interest to accrue on your assessment, warns one MAC. Details: Part B Medicare Administrative Contractor (MAC) First Coast Service Options, Inc, reminded providers that their credit balance reports are due by Jan. 30 for the last quarter, in a Jan. 5 notice. “The quarterly report is to include all new Medicare credit balances not reported on a previous quarterly report. In addition, your quarterly reports should not contain previously demanded recovery auditor claims, accounts receivable demands, clerical...

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