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surety bonds

CMS proposes changes for surety bonds

Do they counters abuses to the program, or place too heavy burdens on providers?

On March 1, 2016, CMS published a proposed rule that seeks to address a growing number of abuses of the federal healthcare program by certain Medicare providers.

Surety bond prices up on Medicare activity


YOUNGSTOWN, Ohio – The price of surety bonds is rising on increased Medicare activity and drops in credit scores, insurance brokers say.

Ohio: Medicaid may require surety bonds


COLUMBUS, Ohio – HME providers are “high risk,” and therefore should be required to get surety bonds if they want to participate in Ohio’s Medicaid program, according to a recent audit report. 

In brief: ResMed lawsuit, surety bond update


SAN DIEGO – ResMed has sued Taiwanese manufacturer Apex Medical and its U.S. distributor, Medical Depot, doing business as Drive Medical, to stop alleged patent infringement. ResMed has filed parallel legal actions in the International Trade Commission (ITC) and U.S.

OIG to CMS: Increase surety bond amounts


WASHINGTON – The Office of Inspector General (OIG) has made another push for CMS to use surety bonds to recover overpayments from HME providers.

Industry seeks improvements to surety bond program


WASHINGTON – Industry stakeholders yesterday submitted comments to CMS outlining concerns with a recent wave of claims against surety bonds—some triggered by overpayments as low as $16.

Medicare tries to collect on surety bonds

‘We’re seeing almost a tidal wave of claims’

WASHINGTON – Medicare has started filing claims against surety bonds as a way to recoup overpayments from HME providers, industry stakeholders report.