CMS Releases Final Rule on Medicare Overpayments
Written by Editor   
Sunday, March 27, 2016 12:00 AM

The final rule on how physician practices must handle overpayments from Medicare has some good news.  The original version of the overpayments rule required physicians to look back through 10 years of claims to make sure Medicare had not overpaid them, but the final rule, released by the Centers for Medicare and Medicaid Services (CMS), requires only a 6-year lookback. "Specifying the length and other parameters of the lookback period provides additional clarity for providers and suppliers who have identified an overpayment," the agency noted in a fact sheet about the rule.

The rule also clarifies what CMS means when it gives providers 60 days to report an overpayment and refund the money to Medicare.