Vendor Management, Payments, and Collections (VMPC) FAQ
Guidance for FAQ regarding Payment Processing and Payment Adjustments/Payments
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: December 01, 2015
Program Area: Vendor Management, Payments, and Collections (VMPC)
Question: In what coverage period will Issuers receive 2015 restatements on the HIX 820 transaction?
Answer: Currently, Issuer will receive 2015 Restatements on the December 1 to December 31, 2015 coverage period. 2016 program level amounts coverage period will reflect the month in which the payment is made. For example, the January HIX 820 coverage period program level amount is January 1, 2016 to January 31, 2016.
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