General Question for the Week of September 18, 2017

Question:

One of our staff has identified a Medicare overpayment. What should we do?

Answer:

You must report it and arrange to return it by the later of either 60 days after the date the overpayment was identified or the date the corresponding cost report is due. For more information about self-identified overpayments, refer to Medicare Reporting and Returning of Self-Identified Overpayments fact sheet at XXX.

When Medicare identifies an overpayment of $25 or more, the Medicare Administrative Contractor (MAC) initiates the overpayment recovery process by sending an initial demand letter requesting repayment…

For more on this, see https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2016-Fact-sheets-items/2016-02-11.html.

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