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Practice Management Alert

Reader Question:

Start the Clock Upon Overpayment Discovery

Question: Our practice discovered that we have received some overpayments from Medicare. What is the proper procedure to return those overpayments? SuperCoder Subscriber Answer: CMS rules stipulate a 60-day limit on returning overpayments to federal agencies. The rule might seem simple, but you’ll want to ensure you comply since compliance failure could lead to huge penalties. The reasoning: Every practice [...]