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Technology Stocks : Discuss Year 2000 Issues

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To: flatsville who wrote (3709)2/6/1999 12:51:00 PM
From: C.K. Houston   of 9818
 
OH MY GOSH!!!! What's gonna happen to all of these small hospitals, doctors and health-care providers?? Any healthcare people on the thread with a feel for what's going on in healthcare sector?

Cheryl
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Medicare to Stop Paying Hospitals That Don't Make Y2K Progress
Bloomberg News
Feb 3 1999 3:40PM ET

Washington, Feb. 3 (Bloomberg) -- Medicare won't pay hospitals, doctors and other health-care providers after April 4 if they don't a meet a key criterion for making sure their billings can be processed by computers in the year 2000, the Clinton administration said.

A notice to providers that went on display at the Federal Register today warns hospitals and other providers that, beginning April 5, the date on their claims will need to include four digits for the year.

''Claims will be returned to providers if they are not submitted in the Y2K format,'' according to the notice.

Industry analysts and representatives say publicly traded hospitals and other big health-care chains have already met the administration's April requirement.

[WHAT ABOUT THE LITTLE GUYS?????]
snap.com

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