Reader Question:
Know That 60 Days Is the Limit for Medicare Overpayment
Published on Tue Oct 25, 2022
Question: If we realize we’ve received overpayments from CMS, what are the rules for returning the overpayment? Colorado Subscriber Answer: CMS rules stipulate a 60-day limit on returning overpayments to federal agencies. And while the rule might seem simple, you’ll want to ensure you comply since compliance failure could lead to huge penalties. Every practice occasionally handles overpayments, but the [...]