N.Y. Comp. Codes R. & Regs. tit. 12, § 342.2
(b) Upon receipt of such notice of objection (form A-1) the podiatrist may request arbitration by notifying the chair in accordance with the following:
(3) failure to make timely request for arbitration shall be deemed a waiver of the right to arbitration.
If the podiatrist wishes to arbitrate the bill, he shall complete and sign the request for arbitration and forward it to the podiatry arbitration committee together with a check to the order of the chair, Workers' Compensation Board, in the sum of $5 as a minimum arbitration fee. Notwithstanding any provision in this section to the contrary, upon application of the podiatrist, the chair may for good cause shown excuse the podiatrist for the delay in filing the request for arbitration, and schedule the disputed bill for arbitration.