Bass, Berry & Sims attorney Danielle Sloane commented for a BNA article outlining the details of the Overpayments Rule issued by CMS on February 11. The new rule, effective March 14, implements long-awaited regulations that clarify the statutory requirements for Medicare providers to report and repay overpayments within 60 days and sets the lookback period at six years, which is less than the 10 years proposed in 2012. As Danielle stated for the article, “[o]verall, the final rule offers a fairly balanced and reasonable approach while still setting high expectations for providers to exercise diligence and return any overpayments that are due.”
The full article, “Lookback Period Cut to Six Years in Final Overpayments Rule,” was published by Bloomberg BNA’s Health Law Resource Center on February 11, 2016 and is available online (subscription required).
Danielle’s comments were also included in BNA’s Health Care Blog article, “Are Providers Happy with the 60-day Final Rule?” published on February 12, 2016.
For additional analysis on the Final Rule, read the alert, “Starting the Clock: CMS Releases Final Rule for Reporting and Refunding Overpayments,” authored by Bass, Berry & Sims attorneys Neal Curtis and Anna Grizzle.