tci Part B Insider - 2013 Issue 3
Overpayments: Medicare Now Has 5 Years to Request Money Back From Your Practice
Previous 3-year lookback period was extended with ‘fiscal cliff’ legislation. If you’ve been put out by auditors requesting refunds on Medicare overpayments that you collected three years ago, that frustration could now extend an extra two years. Recent legislation now gives Medicare a five year lookback period to come after overpayments that Medicare made to you. Background: Last May, the OIG published its Obstacles to Collection of Millions in Medicare Overpayments, which lamented that the government is barred from recovering overpayments from practices after three years following the original payment. The report noted that CMS was unable...
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