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Home > SMT Wrapper

HHS Asks for Surety Bond from DME Suppliers

Published Monday, July 30, 2007

WASHINGTON--HHS announced a proposed rule on Friday to help limit Medicare's risk by requiring all DMEPOS providers to supply CMS with a surety bond. In a press release about the rule, HHS said it would ensure that Medicare can recover erroneous payments up to $65,000 that result from fraudulent or abusive supplier billing practices. "A surety bond will not only limit Medicare's risk to fraudulent billing, but will also help to ensure that only legitimate DMEPOS suppliers are enrolled in the program," acting CMS Deputy Administrator Herb Kuhn said in the statement. The proposed rule represents another step ...

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