The U.S. Department of Health & Human Services wants providers who receive funds under Medicare to return overpayments within 60 days, according to an AAPC report.
HHS says overpayments would have to be reported and returned by "60 days after the date on which the overpayment was identified; or any corresponding cost report is due, if applicable," according to a notice of proposed rule-making in the Feb. 16 Federal Register.
Examples of overpayments under this proposed definition are:
• Medicare payments for noncovered services
• Medicare payments in excess of the allowable amount for an identified covered service
• Errors and nonreimbursable expenditures in cost reports
• Duplicate payments
• Receipt of Medicare payment when another payer had the primary responsibility for payment
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HHS says overpayments would have to be reported and returned by "60 days after the date on which the overpayment was identified; or any corresponding cost report is due, if applicable," according to a notice of proposed rule-making in the Feb. 16 Federal Register.
Examples of overpayments under this proposed definition are:
• Medicare payments for noncovered services
• Medicare payments in excess of the allowable amount for an identified covered service
• Errors and nonreimbursable expenditures in cost reports
• Duplicate payments
• Receipt of Medicare payment when another payer had the primary responsibility for payment
Related Articles on Coding, Billing & Collections:
Illinois Senator Requests Emergency Hearing Over State Health Insurance Audit
New Hampshire House Votes Against State-Run Health Insurance Exchange
Outpatient Visits Reach 4.6M for Cleveland Clinic