Get Application For Dmepos Medicare Surety Bond

What is the 855B? ❖ The CMS form used for the enrollment of Clinic/Group practices and Certain Other Suppliers. This form is also used to submit changes to your enrollment data.

The cost for the three year accreditation is $4,299.

CMS 855S. Form Title. Medicare Enrollment Application - Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Suppliers.

A separate $50,000 bond is required by the Centers for Medicare & Medicaid Services (CMS) for each National Provider Identifier (NPI) obtained for Medicare billing purposes. These bonds help protect against billing fraud and abuse.

CMS issued the Medicare Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) final rule (CMS-1738-F, CMS-1687-F, and CMS-5531-F) that updates payment and benefit category policies and other provisions for DMEPOS items.

A DMEPOS-Medicare Bond is for suppliers who provide patients with durable medical equipment, prosthetics, orthotics, and other supplies. This bond is necessary before the supplier can bill Medicare, a federal health insurance program designed for people over the age of 65.

Commercial surety bonds or bond programs can be a simple and direct alternative to bank-issued letters of credit (LOC) for healthcare organizations to provide assurances that they will meet their contractual obligations.

A separate $50,000 bond is required by the Centers for Medicare & Medicaid Services (CMS) for each National Provider Identifier (NPI) obtained for Medicare billing purposes. These bonds help protect against billing fraud and abuse.