Medicare surey bonds are known by several different names, including: CMS surety bonds; DMEPOS surety bonds; Durable Medical Equipment surety bonds; Pharmacy surety bonds; and Centers for Medicare and Medicaid Services surety bonds. Regardless as to what you may wish to call them, they are all the same thing. A Medicare bond is a license bond that the CMS (Centers for Medicare & Medicaid Services) requires all suppliers of DMEPOS (durable medical equipment, prosthetics, orthotics and supplies) to carry. Usually such suppliers will need to post a $50,000 Medicare surety bond. Due to DMEPOS billing each NPI (National Provider Identifier) will be required to post a separate bond.
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