The CMS awarded new banking contracts to U.S. Bank and JP Morgan Chase. Medicare providers do not have to take any action. However, providers should be aware that the Medicare payments may be made by a different bank than in the past because of these new banking contractors.
Due to issues identified in testing, providers that submit claims to CIGNA Government Services, Highmark Medicare Services, National Government Services, NHIC, and Noridian Administrative Services will experience a delay in the transition to U.S. Bank. The transition will now occur on August 30, 2010.
Source: CMS Message 201007-61