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Printed Date: 9/22/2015
Providers have the option to submit payment for any overpayment determined by Medicare. To avoid interest from accruing on the outstanding overpayment balance, timely payment is critical. Interest will accrue on the outstanding overpayment balance for each 30-day period that the overpayment remains outstanding, as outlined in the initial demand letter.
Options for submitting payment:
Please remember to include pertinent information with each payment to ensure payments are applied appropriately. Examples of pertinent information include a copy of the demand letter, accounts receivable number, invoice number, patient's Medicare number, dates of service, and/or claim number.
CMS Regulation References:
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Last Updated: 03/28/2019