tci General Surgery Coding Alert - 2017 Issue 9
Reader Question: Abide by CMS 60-Day Rule
Question: Is it true that we have only 60 days to return any overpayments to federal health programs? Supercoder Subscriber Answer: Yes, 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 simple, it actually represents some big changes related to compliance – and a practice that fails to comply might face huge penalties. The reasoning: Every practice occasionally handles overpayments, but the 60-day rule is designed to help practices identify systemic overpayment problems. Federal officials expect providers to sniff out...
To read the full article, sign in and subscribe to tci General Surgery Coding Alert.
Thank you for choosing Find-A-Code, please Sign In to remove ads.