Senators Max Baucus (D-Mont.), Orrin Hatch (R-Utah), Tom Carper (D-Del.) and Tom Coburn (R-Okla.) recommended HHS raise the required $50,000 its suppliers must maintain in “surety bonds” to ensure such recipients have enough cash reserved to pay back overpayments. The report showed some companies had received millions in overpayments and had only a small fraction of that amount in their reserves.
More Articles on Medicare Overpayments:
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Kaleida Health in New York Pays $1.6M to Resolve Medicaid Overbilling
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
