Enhancements to the Interest Payment Process Begins Mid-October 2010Beginning mid-October, providers will see an enhancement to prompt pay interest on adjusted claims. Interest payments on adjusted claims will be processed in the same manner as original claims. With the interest payment enhancement, interest will be paid along with the adjusted claim payment. Also, when a claim is retracted, any interest paid will be retracted as well. For more information on the enhancement and to view a sample Statement of Remittance, please read the complete article in the October edition of Partners in Health UpdateSM. Please contact your Network Coordinator with any questions. |