[Code of Federal Regulations] [Title 42, Volume 2] [Revised as of October 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 42CFR418.307] [Page 841] TITLE 42--PUBLIC HEALTH CHAPTER IV--CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES PART 418_HOSPICE CARE--Table of Contents Subpart G_Payment for Hospice Care Sec. 418.307 Periodic interim payments. Subject to the provisions of Sec. 413.64(h) of this chapter, a hospice may elect to receive periodic interim payments (PIP) effective with claims received on or after July 1, 1987. Payment is made biweekly under the PIP method unless the hospice requests a longer fixed interval (not to exceed one month) between payments. The biweekly interim payment amount is based on the total estimated Medicare payments for the reporting period (as described in Sec. Sec. 418.302-418.306). Each payment is made 2 weeks after the end of a biweekly period of service as described in Sec. 413.64(h)(5) of this chapter. Under certain circumstances that are described in Sec. 413.64(g) of this chapter, a hospice that is not receiving PIP may request an accelerated payment. [59 FR 36713, July 19, 1994]