The rule adopts the operating rules developed by the Council for Affordable Quality Healthcare’s Committee on Operating Rules for Information Exchange, which links the remittance advice with the fund transfer so healthcare providers can match transactions when they arrive separately.
The final rule was issued last August with a comment period. CMS has finalized it without any changes. Health plans and other HIPAA-covered entities must comply with the operating rules by Jan 1, 2014, according to the report.
More Articles on CMS:
CMS: Hospital Readmissions Down to 17.8%
CMS Touts Lower Healthcare Spending, Readmissions Under PPACA
CMS Releases FAQs on Medicaid RACs
