Posts by STI Computer Services

On April 16, 2021, CMS announced that the 2% Payment Adjustment (Sequestration) for Medicare FFS Claims have been suspended through December: The Coronavirus Aid, Relief, and Economic Security (CARES) Act suspended the sequestration payment adjustment percentage of 2% applied to all Medicare Fee-for-Service (FFS) claims from May 1 through December 31, 2020. The Consolidated Appropriations…Read More

The COVID-19 Vaccine is here and is ready to be administered. As providers the next big step is to procure the vaccine and administer it. Likewise, it is important to know that Medicare will cover and pay for the administration of the vaccine, when furnished consistent with the Emergency Use Authorization (EUA). The payment and…Read More

On December 3, 2020, the CDC announced six (6) new ICD10 diagnosis codes to identify conditions resulting from COVID-19. These ICD10 Codes will become effective on January 1, 2021. The new codes are: Z11.52 – Encounter for screening for COVID-19 Z20.822 – Contact with and (suspected) exposure to COVID-19 Z86.16 – Personal history of COVID-19…Read More

CMS released a set of toolkits for providers, states and insurers to help the health care system prepare to swiftly administer the vaccine once it is available. These resources are designed to increase the number of providers that can administer the vaccine and ensure adequate reimbursement for administering the vaccine in Medicare, while making it clear…Read More