What exactly is a CMS Bond?
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
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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