FEDERAL GOVERNMENT FUNDED THROUGH FY 2024

President Biden signed into law legislation to fund the government through the end of FY 2024 (Sept. 30). The passage of this bill avoided a partial government shutdown, and funded Department of Health and Human Services (HHS) programs. Congress can now focus on next year’s spending bills.

CMS TO REQUIRE REVISED EFT APPLICATION

The Centers for Medicare and Medicaid Services (CMS) will require a revised electronic funds transfer (EFT) application starting May 1, 2024. If you need to request EFT for Medicare payments, Medicare Administrative Contractors will accept the current and revised CMS-588 EFT application through April 30, 2024. Starting on May 1, you must use the revised form that includes minor updates.

CONGRESS EXAMINES FDA LDT PROPOSED RULE

CMS provided updated billing requirements clarifying providers cannot bill comprehensive preventive medicine evaluation and management services (CPT codes 99381-99397) with annual wellness visits (AWV) or initial preventive physical exams (IPPE) (HCPCS codes G0402, G0438, G0439) services. CMS also strongly encourages, but does not require, physicians to provide an Advance Beneficiary Notice of Non-coverage to patients when providing and billing for comprehensive preventive medicine evaluation and management services.