tci Medicare Compliance & Reimbursement - 2017 Issue 6

Compliance: Steer Clear of The Fire with New Insight on the 60-Day Rule For Overpayments

Don’t forget about the six-year lookback period, too. Accidents happen. And, when your books show you’re on the wrong side of an overpayment, it’s only natural that you feel obliged to send those funds back to the government. Since the Feds require you to identify them of the overpayment ASAP, it’s a good idea to review the 60-day rule to ensure your practice is on theup-and-up. Background: CMS issued a rule last year setting a 60-day limit on returning overpayments to federal agencies. The important thing to remember is that while the rule might seem...

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