Payment Floor Status
Medicare contractors are required to hold payments for a minimum predetermined number of days before payment is sent to providers. For example, for Part B providers the payment floor for electronic claims is 14 days; 29 days for paper claims. This section refers to all claims approved for payment waiting to be released from the payment floor as of the current date.
- Total Claims: The number of claims that are approved for payment.
- Total to be Paid: The total amount of the claims on the payment floor.
NOTE: The number and total dollar amount of claims on the payment floor could change daily. Claims will continue to be added to the payment floor as they are approved; some will be paid from the payment floor once they reach payment date.