Program Memorandum AB-02-118: Notice of Interest Rate for Medicare Overpayments and Underpayments

May 2003 Department of Health and Human Services OIG HIPAA READINESS: ADMINISTRATIVE SIMPLIFICATION FOR MEDICARE PART A PROVIDERS Medicare Part A providers are making significant progress in meeting the HIPAA deadline. Ninety-two percent of Medicare Part A providers are developing an implementation schedule to meet the deadline, while approximately one-half are developing sequencing strategies and contingency plans in the event their system is not fully in compliance by the deadline. Approximately 84 percent are using systems vendors as part of their compliance strategy. Only 18 percent have conducted a cost/benefit analysis for implementing the electronic standards and . . .