Medicare Providers Liable For Six Years Of Overpayments, CMS Final Rule States
The proposed rule would have required providers to report overpayments going back 10 years.
Providers Must Report Medicare Overpayments Going Back Six, Not 10 Years
The CMS has finalized a controversial rule that will require providers to return Medicare overpayments. The Affordable Care Act compels providers to return overpayments within 60 days of identifying them. Failing to report overpayments can result in liability under the False Claims Act. That means a provider could either face financial penalties or be excluded from billing the CMS programs. (Dickson, 2/11)