Skip to Content

CMS finalizes increased surety bond amount for competitive bidding program

CMS finalizes increased surety bond amount for competitive bidding program

WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) has finalized the update to the DMEPOS competitive bidding program increasing the surety bond amount from $50,000 to $100,000. The update, finalized in the FY 2027 Inpatient Rehabilitation Facilities (IRF) Prospective Payment System (PPS) Final Rule (CMS-1845-F), requires only one $100,000 surety bond per bidding entity, regardless of how many competitions it enters under the Remote Item Delivery (RID) model. “This change aims to deter bidders from submitting disingenuous bids,” CMS states. For all other competitions, CMS says the surety bond amount remains $50,000 and bidding entities must obtain a separate surety bond for each competitive bidding area. The agency has launched the bidder education phase of Round 2028, providing prospective bidders with information about the upcoming bidding process, eligibility requirements and key program changes before the registration and bidding periods open.

Comments

To comment on this post, please log in to your account or set up an account now.