Medicare Overpayments Final Rule Fact Sheet

The Centers for Medicare and Medicaid Services (CMS) published a final rule requiring providers and suppliers receiving funds under the Medicare program to report and return overpayments by the later of the date that is 60 days after the date on which the overpayment was identified; or the date any corresponding cost report is due, if applicable. The requirements in the rule are meant to ensure compliance with applicable statutes, promote high quality care, and protect the Medicare Trust Funds against fraud and improper payments.