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Managed care companies operating in New Jersey are continuing to lag in some areas of paying hospitals on time — and in some cases, are even slower — more than a year after the state adopted a prompt-pay law for HMOs, according to survey of members of the New Jersey Hospital Association (NJHA). NJHA surveyed its members during the first quarter this year and found that while some HMOs have improved in some areas compared to October 2000, overall performance was down in payment of electronic claims in 30 days (as required by the new state law) and payment of interest on overdue claims.
The survey also showed that accounts receivable due hospitals by HMOs also increased during the past year. The study showed that manual claims payments were the only area showing "marked improvement."