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surety bonds

CMS finalizes changes to bid program

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10/28/2016

WASHINGTON – CMS issued a final rule Oct. 28 with a number of changes to competitive bidding, including establishing bid limits for future rounds of the program based on the fee schedule rates before they were adjusted.

CMS proposes changes for surety bonds

Do they counters abuses to the program, or place too heavy burdens on providers?
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07/26/2016

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

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06/20/2014

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

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08/23/2013

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

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03/29/2013

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

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03/28/2013

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

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06/21/2012

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’
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05/18/2012

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