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Thread: Cms?

  1. Join Date
    Sep 2008
    Posts
    106

    Cms?

    What exactly is a CMS Bond?

  2. Join Date
    Jan 2005
    Posts
    755

    CMS is the Centers for Medicare & Medicaid Services agency.

    The bond is required to help protect against fraudulent activity. Florida recently created a $50K requirement in which all FL medicare providers must be compliant by late Sept. or early Oct (depending on your est. date).


    We created a section just for these applicants, as we expect a large quantity of questions related to the bond in the coming months.


    Please see: http://www.cms.hhs.gov/MedicareProvi...Regulation.pdf

  3. Join Date
    Oct 2007
    Posts
    401

    Cms?

    Quote Originally Posted by Admin View Post
    CMS is the Centers for Medicare & Medicaid Services agency.

    The bond is required to help protect against fraudulent activity. Florida recently created a $50K requirement in which all FL medicare providers must be compliant by late Sept. or early Oct (depending on your est. date).


    We created a section just for these applicants, as we expect a large quantity of questions related to the bond in the coming months.


    Please see: http://www.cms.hhs.gov/MedicareProvi...Regulation.pdf


    Is this type of bond in any way similar to a fidelity bond since it protects against fradulent activity? Is this a new requirement?

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