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CMS Now Requires EFT Payment for All Providers and Suppliers After Revalidation


Posted on November 9, 2011 in Long-Term Care, Home Health & Hospice

Written by: Bufford, David W.

Current regulations (42 C.F.R 424.510(e)(1),(2)) require providers and suppliers to agree to receive Medicare payments via Electronic Funds Transfer (“EFT”) at the time of enrollment, revalidation, change of Medicare contractors or submission of an enrollment change request.  Additionally, the provider or supplier must submit a CMS-588 form to receive Medicare payment via EFT.  Section 1104... READ MORE

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