COVID-19 Estimated 2020 Medicare Sequestration Adjustment
Section 3709 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act temporarily suspends the 2% payment adjustment currently applied to all Medicare Fee-For-Service (FFS) claims due to sequestration. The suspension is effective for claims with dates of service from May 1 through December 31, 2020.
Please find below the total Medicare sequestration adjustment amounts by provider from the most recently filed Medicare cost reports with fiscal years ending between July 1, 2018 through June 30, 2019. Also included is an 8/12 sequestration calculation column intended to simulate what the potential May 1 through December 31, 2020 sequestration adjust may be, although Toyon does anticipate Medicare volumes to vary significantly in 2020 as a result of the COVID-19 pandemic.