The Centers for Medicare and Medicaid Services (CMS) issued a final rule that requires Medicare Parts A and B providers to report and return overpayments within 60 days of identifying the oversight.

In addition, the rule provided a six-year look-back period, which was an improvement over the previous proposal that would have created a ten-year look-back period.  The health care industry asked for a three-year look-back period.

Click here for CMS’s summary of the rule: https://www.cms.gov/Newsroom/MediaReleaseDatabase/Fact-sheets/2016-Fact-sheets-items/2016-02-11.html