In July, the Centers for Medicare & Medicaid Services issued a fact sheet to explain everything physicians and suppliers need to know about the definition and the collection process related to Medicare/Medicaid overpayments. It also provides resources where they can learn more. Medicare physicians and suppliers who have not yet gone through this process may find the data within the document useful.
First Let’s Define It
A Medicare overpayment is exactly what it sounds like – it is a payment received by Medicare/Medicaid in excess of amounts due and payable under Medicare statute and regulations. Once an overpayment has been determined, the amount actually becomes a debt owed to the federal government, and federal law requires that CMS recover all identified overpayments.
Practice Areas
Legal Developments
That Affect You
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2022 changes to New Jersey statute N.J.S.A. 45:1-15.9.
This memorandum addresses the scope of New Jersey statute N.J.S.A. 45:1-15.9,summarizes the 2022 amendments to that statute, identifies the effective date andapplicability of those amendments, and outlines practical implications forregulated professionals and licensing boards. Background N.J.S.A. 45:1-15.9 is part of New Jersey’s professional and occupational licensinglaws administered under Title 45. The statute governs disciplinary and…