fbpx

< Back to Thought Leadership

Medicare Updates and Notices

Beginning July 1, 2019, Medicare will reject hospital outpatient claims if the service location address on the claim does not exactly match the address on record in the Provider-Enrollment, Chain and Ownership System (“PECOS”). Any discrepancies, such as the difference between “Road” vs “Rd” or “Suite” vs “Ste”, may result in substantial payment delays.

In MLN Matters Article SE19007, CMS describes a new query function that allows providers to view what is on file with PECOS for their practice locations. If you have not done so already, we suggest the Hospital validate its claims submission system to the PECOS information for all outpatient service locations, including off-campus provider departments. Providers who need to add a new or correct an existing practice location address will still need to submit a new 855A enrollment application in PECOS.

Additionally, this is a good time to review MLN Matters Article SE18002. This article offers a summary of billing requirements (with examples) for OPPS providers with multiple service locations.

If you have any questions or would like additional information, please contact Maddie Gookins 317-713-7945, or mgookins@blueandco.com.

application of CECL to accounts receivable

Application of CECL to Accounts Receivable

By Priya Singleton, CPA, Director at Blue & Co. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments in 2016. The ASU applies to all reporting entities, not just banks and financial institutions, and is effective for all […]

Learn More
Beginner's Guide to Rental Income for Non-profits

Beginner’s Guide To Rental Income For Non-profits: Taxable Or Not?

Determining when to include rental income in your unrelated business income (UBI) tax calculation can be challenging; however, it is a commonly conducted non-profit organization activity. We created a beginner’s guide checklist to help you get started. There are two common types of rental income we see among our non-profit clients: Real Property: Providing low-income […]

Learn More
Headshot of Bob Ellis | Bob Ellis, Director at Blue & Co., LLC | Bob Ellis, Director of Aliign Business Services | Bob Ellis Named Supervisory Committee Volunteer at FORUM Credit Union

Bob Ellis Named Supervisory Committee Volunteer at FORUM Credit Union

CARMEL, Ind. (September 27, 2023) – Blue & Co., LLC is pleased to announce that Bob Ellis has joined FORUM Credit Union as a Supervisory Committee Volunteer. “I have been a FORUM member since 1992,” said Ellis. “This is a chance for me to give back to my community and an institution that has given […]

Learn More