News: CMS issues final rule for reporting, repaying Medicare overpayment
CDI Strategies, February 18, 2016
Want to receive articles like this one in your inbox? Subscribe to CDI Strategies!
CMS issued a final rule on February 11, 2016, creating a reporting and repayment obligation for providers and suppliers who receive a Medicare overpayment.
The rule requires providers and suppliers to report and return overpayments they identify within six years of receipt. The proposed rule in 2012 suggested a 10-year report and return period.
Once identified, overpayments must be reported and returned within 60 days, or by the date any corresponding cost report is due, if applicable.
CMS says the requirements in the final rule are meant to ensure compliance with applicable statutes, promote high quality care, and protect against fraud and improper payments.
To read the final rule, click here.
Want to receive articles like this one in your inbox? Subscribe to CDI Strategies!
Related Products
-
Briefings on APCs
Worried about the complexities of the new rules under OPPS and APCs? Briefings on APCs helps you understand the new rules...
-
HIM Briefings
Guiding Health Information Management professionals through the continuously changing field of medical records and toward a...
-
Briefings on Coding Compliance Strategies
Submitting improper Medicare documentation can lead to denial of fees, payback, fines, and increased diligence from payers...
-
Briefings on HIPAA
How can you minimize the impact of HIPAA? Subscribe to Briefings on HIPAA, your health information management resource for...
-
APCs Insider
This HTML-based e-mail newsletter provides weekly tips and advice on the new ambulatory payment classifications regulations...
Most Popular
- Articles
-
- Don't forget the three checks in medication administration
- ICD-10-CM coma, stroke codes require more specific documentation
- Note similarities and differences between HCPCS, CPT® codes
- Q&A: Primary, principal, and secondary diagnoses
- Practice the six rights of medication administration
- OB services: Coding inside and outside of the package
- Complications from immobility by body system
- Clearing up the confusion: CPT codes 76376 and 76377
- Understanding and coding for critical care services
- Neurological checks for head injuries
- E-mailed
-
- Worker wellness: Stress reduction and mental health
- Use caution when applying modifier -25
- Study: Patients equally satisfied with virtual encounters compared to in-person visits
- Q&A: How should we code fluoroscopy for outpatient procedures?
- Correctly bill ancillary bedside procedures in addition to the room rate
- Coding Corner: Tips for reporting bronchoscopy procedures
- Searched
